I don't quite understand it. There is a crypto, the $XRP, and an ETF that buys the crypto, and you buy the ETF and pay the fees for it. So practically the same thing Trade Republic does, right? What's the point for the investor? Is there actually an ETF that tracks all or many cryptos?
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@Spinat Convenience, but it may also include other things to do with XRP :)
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@Spinat Yes. Convenience, no need to fiddle with crypto exchanges and wallets.

ETPs with "physically" deposited coins (physical BTc, ETH, etc.) are (at least often) tax-equivalent to cryptos, i.e. tax-free after a holding period of 1 year.

In addition to products on individual coins, there are some ETPs that track a basket of the largest coins by market capitalization.
E.g.

CoinShares Physical Top10 Crypto Market ETP
JE00BPRDNL86

21Shares Crypto Basket Index ETP
CH0445689208

VanEck Crypto Leaders ETN
DE000A3GWEU3
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