How much XRP exposure does the ProShares CoinDesk 20 Crypto ETF have?

Confirmed Published October 7, 2026 2 min read

ProShares’ CoinDesk 20 Crypto ETF follows an index in which XRP carried a 19.88% weighting in ARK Invest’s January 23, 2026 filing, according to The Crypto Basic. ARK’s version of the CoinDesk 20 fund put XRP third, behind bitcoin and ether.

The full answer

What is the CoinDesk 20 index weighting for XRP?

The ProShares filing says the CoinDesk 20 Index is designed to measure the performance of the 20 largest and most liquid eligible crypto assets. ProShares’ fund carries the index name. The best-documented weight for XRP comes from a competing product. The Crypto Basic reported on January 24, 2026 that ARK Invest’s proposed CoinDesk 20 ETF, filed on January 23, 2026, gave XRP a 19.88% weighting [1].

No XRP weighting for the ProShares fund has been confirmed. An SEC filing stated: “ProShares CoinDesk 20 Crypto ETF (the “Fund”) seeks investment results, before fees and expenses, that track the performance of the CoinDesk 20 Index (the “Index”). As of October 7, 2026, the live filing list could not be read, so this is the status as the cited document gives it.”

The same report put bitcoin at 32.4% and ether at 20.69%, which left XRP third [1]. Ripple wrote on April 17, 2026 that ARK had allocated nearly 20% of its CoinDesk 20 ETF to XRP, again as the third-largest holding [2].

Is that the ProShares figure?

No. Those figures describe ARK’s filing. In its SEC filing for the fund, ProShares said that as of May 31, 2026, the Index was concentrated in bitcoin and focused in BNB, ether and XRP. As of October 7, 2026, the live filing list could not be read, so this is the status as the cited document gives it. A fund-specific percentage should come from the ProShares filing, not from ARK’s.

Why does the date matter?

An index reweights as asset values change. A January 2026 weight and a May 31, 2026 weight can differ. For how XRP funds are structured, see what an XRP ETF is. For who owns them, see what 13F filings show. The wider shift in institutional access is covered in how XRP’s institutional position has changed since the SEC case.

What is the counter-view?

A weight in an index fund is a portfolio allocation, not evidence of demand for XRP on its own. Funds hold what the index tells them to hold. Macro events can move all crypto weights together, as covered in the US inflation and jobs reports.

What we know

An SEC filing stated: “ProShares CoinDesk 20 Crypto ETF (the “Fund”) seeks investment results, before fees and expenses, that track the performance of the CoinDesk 20 Index (the “Index”).” [3]
ARK Invest filed an S-1 on January 23, 2026 for the ARK CoinDesk 20 Crypto ETF, which tracks the CoinDesk 20 Index. As of October 7, 2026, the live filing list could not be read, so this is the status as the cited document gives it. The Crypto Basic reported XRP at a 19.88% weighting in that filing.
The Crypto Basic reported on January 24, 2026 that the same filing gave bitcoin 32.4% and ether 20.69% of the full index, so XRP ranked third.
Ripple said in its April 17, 2026 article that ARK Invest had allocated nearly 20% of its CoinDesk 20 ETF to XRP, making it the third-largest holding.

What we reason Analysis

Index weights move with market values, so a weight reported in January 2026 does not give the weight in any later month. A fund that tracks the same index would show a similar order of magnitude, but the exact share for ProShares depends on its own filing date. This rests on The Crypto Basic’s January 2026 report and Ripple’s April 2026 article, which give nearly the same figure for a different date.

What's still open

As of October 7, 2026, no figure for the ProShares fund’s XRP share has been confirmed here from the fund’s own summary prospectus. ProShares has described that document as covering anticipated XRP futures exposure and XRP and XRP Ledger risks.

In plain English

An index fund holds many coins in set proportions. The index behind ProShares’ CoinDesk 20 fund gave XRP about a fifth of its weight in a January 2026 filing by another firm, ARK Invest. That is the nearest published figure, and it is not ProShares’ own number. Weights change over time, so a January figure does not describe today.

Sources

XRP Secures Top-Tier Allocation in Cathie Wood's ARK Invest New ETF Filing — The Crypto Basic, 2026-01-24 Secondary
XRP ETFs: The Institutional Era Has Begun — Ripple, 2026-04-17 Company-reported
ProShares CoinDesk 20 ETF Summary Prospectus Discloses XRP Exposure — sec.gov, 2026-09-28 Primary

Update log

October 7, 2026 — Published.

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