(XRRL) CoinShares Physical XRP EUR - Ratings and Ratios

CoinShares Physical XRP EUR (XETRA:XRRL) is a Germany-domiciled exchange-traded fund (ETF) designed to provide exposure to XRP, a leading digital asset. The fund is physically backed, meaning it holds the underlying cryptocurrency in reserve. XRRL is listed on XETRA, a major European exchange, and is categorized under digital assets, targeting investors seeking exposure to blockchain-based assets.

From a technical perspective, XRRL has shown weakening momentum. The last price of 75.97 EUR is below its 20-day (82.26) and 50-day (91.22) simple moving averages, indicating downward pressure. The 200-day SMA (49.23) is lower, suggesting long-term upside potential. Average daily volume over 20 days is 6,588 shares, reflecting moderate liquidity. The Average True Range (ATR) of 6.45 signals moderate volatility, with price swings averaging 8.5% over the period.

Fundamentally, the ETF manages assets under management (AUM) of 198.02 million EUR, reflecting investor interest in XRP exposure through a regulated vehicle. This figure represents the total value of XRP held in reserve, backing the outstanding shares of the ETF.

3-month forecast: Based on and , XRRL is likely to face continued headwinds. The price is below key SMAs, and the broader digital asset market remains under pressure. However, if volatility (ATR) increases, it could signal a potential trend reversal. AUM levels will depend on XRPs performance and investor sentiment toward digital assets.