GXRP · Grayscale XRP Trust ETF · from SEC EDGAR
YES
Burning cash
burning $62.0M / quarter
Grayscale XRP Trust ETF is burning cash and its reserves aren't clearly disclosed — lean toward a raise being needed.
Operating cash flow (annual)-$248.1M
Net income (annual)-$37.9M
Estimated runwaynot computable from the filings
Going-concern warningNone
Shelf on file? (can they dilute)Check → Last offering? (have they diluted)Check → Runway = cash ÷ operating burn, from SEC XBRL. Filings lag 40–90 days, so figures are as filed — a raise may already have happened. Educational, not investment advice; verify against the filings. Latest filing ↗