(GXRP) ETC Physical XRP - Ratings and Ratios

The ETC Group Physical XRP is an Exchange-Traded Fund (ETF) listed on the XETRA exchange with the ticker symbol GXRP, originating from Germany and categorized under Digital Assets. This ETF provides investors with exposure to XRP, a popular digital asset.

With Assets Under Management (AUM) of approximately 251.64 million EUR, the fund has a significant presence in the market. To further evaluate its performance, key metrics such as tracking error, liquidity, and trading volume should be considered. A low tracking error would indicate that the ETF closely follows the price of XRP, while high liquidity and trading volume would suggest ease of buying and selling shares.

From a technical analysis perspective, although the current price is 35.09, it is above its short-term and long-term moving averages (SMA20: 27.12, SMA50: 28.06, SMA200: 25.88), indicating a positive trend. The Average True Range (ATR) of 1.06, representing 3.01% of the current price, suggests moderate volatility. The 52-week high and low range (46.35 to 6.38) indicates significant price fluctuations over the past year, highlighting the need for investors to be aware of the associated risks.

To make informed investment decisions, investors should monitor key performance indicators (KPIs) such as the ETFs expense ratio, the underlying assets (XRP) adoption rate, regulatory environment, and the overall market sentiment towards digital assets. Additionally, comparing the ETFs performance to its benchmark and peers within the Digital Assets category can provide valuable insights into its relative performance.