XRPC

Canary XRP ETF seeks to provide exposure to the value of XRP held by the Trust, less the expenses of the Trust's operations and other liabilities and establish its net asset value ("NAV") by reference to the CoinDesk XRP CCIXber 60m New York Rate. The Trust intends to provide direct exposure to the value of XRP held by the Trust with Gemini Trust Company, LLC (the "Gemini Custodian") and BitGo Trust Company, Inc. The Gemini Custodian is a New York limited purpose trust company regulated by the New York Department of Financial Services that provides custody services for digital assets.