Amplify XRP 3% Monthly Premium Income ETF
Fund Details
| Ticker | XRPM |
| Launch Date | 11/18/2025 |
| Primary Exchange | CBOE BZX |
| CUSIP | 032108375 |
| Net Assets | $750,000 |
| Shares Outstanding | 30,000 |
| # of Holdings (view all holdings) | TBD |
| Total Expense Ratio: | 0.75% |
Regulatory Documents
Why Invest in XRPM ETF?
- Growth & High Income Focus: XRPM is designed to capture XRP price appreciation potential and seeks 36% annualized option premium income.1
- 4x More Options: XRPM uses weekly call options seeking to collect premiums 4x more often than monthly options, enabling the potential for compounded income and enhanced XRP price returns.
- Harvest Volatility: When XRP price volatility rises, XRPM option income potential increases, using volatility to help enhance premium income and total returns.
Objective and Strategy
The Amplify XRP 3% Monthly Premium Income ETF seeks to balance high income and capital appreciation through investment exposure to the price return of XRP and a covered call strategy. XRPM aims for significant XRP upside exposure and 36% covered call option income annually.
The Fund does not invest directly in XRP. Target annualized option premium may vary significantly and reflects market conditions at the prospectus effective date; distributions are not guaranteed. If the NAV of the Fund remains level or decreases during any one-year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.
Yield
| Distribution Rate* | N/A | 30-Day SEC Yield** | N/A | |
| Distribution Frequency | Monthly | |||
* Distribution Rate is the normalized current distribution (annualized) over NAV per share. In addition to net interest income, distribution on XX/XX/XXXX included an estimated return of capital of XX%. See Form 19a-1.
** 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.
Fund Holdings
| TOP STRATEGIC HOLDINGS | |||
|---|---|---|---|
Holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell a security. The ETF seeks to participate in the price return of XRP by selling options on XRP exchange traded products (ETPs).
Two Sides of the Coin for XRPM
LONG ONLY PORTION OF PORTFOLIO
- Long Exposure to XRP
- Upside Participation: Unlimited upside potential on ~40-70% of the portfolio, tied to the price of XRP
COVERED CALL PORTION OF PORTFOLIO
- Weekly covered calls written 5-10% out-of-the-money
- Upside Participation: ~30-60% of the portfolio retains partial weekly capital appreciation potential
- Income Generation: Targets 3% monthly income, 36% annually
XRPM: Significant XRP upside exposure meets 36% target annual option income.
XRP Key Facts:
XRP is redefining global payments, acting as the ultimate bridge asset for instant, low-cost international payments and money transfers, making cross-border payments happen in seconds, instead of days, all at a cost of only fractions of a cent.
- What it is: XRP is a digital asset and cryptocurrency native to the XRP Ledger (XRPL). The XRP Ledger requires XRP cryptocurrency for transactions, reinforcing XRP’s role as both a utility token fundamental to network activity and an investment asset with upside potential.
- Primary use: XRPL provides near-instant settlement, eliminates high currency exchange costs and risks, expensive bank transfer fees, and operates 24/7 on global exchanges. Essentially, XRP delivers fast, low-cost cross-border payments as a trusted bridge currency in global financial transactions. Emerging use cases include Decentralized Finance (DeFi), tokenized assets, and interoperability for Central Bank Digital Currencies (CBDCs).
- Why it matters: XRP’s On-Demand Liquidity (ODL) and low costs are transforming global payments, and are already used by major banks, payment providers, and remittance firms worldwide. Accelerating adoption, combined with network expansion and strategic partnerships, is driving positive network effects and positioning XRP as the premier bridge asset in the digital financial landscape.
XRPM Weekly Covered Call Construction
Buy
Buy long exposure to XRP through XRP exchange-traded products, futures, and options.
Target 36% Annual Premium Income
Write
Sell weekly calls on a portion of the portfolio, 5-10% OTM2, to target 36% annual option premium income while providing upside potential.
Roll
On a weekly basis replace expiring covered call option with the new one (roll) to help
generate ongoing option premiums.
Distribute
XRPM seeks to pay monthly distributions that include targeted option income premiums.
There is no guarantee distributions will be made. Given market volatility, the actual annualized option premium received may be significantly higher or lower than the stated range.
Weekly Call Options Differentiators
Weekly Premium Income: Weekly call options enable more frequent premium collection, potentially increasing overall premium income through compounding and consistency.
Capturing Short-Term Price Movements: Weekly options are better suited for capturing short-term price movements and volatility, which provides the opportunity to capitalize more often than with less frequent options.
Flexibility and Adjustment Ability: Weekly options enhance flexibility to adjust position size and strike prices based on market movements, particularly useful for volatile markets.
Risk Management: Using weekly options may reduce the risk of missing upside versus longer expiration options. Additionally, income premiums earned from covered calls may help offset losses during periods of market volatility.
Sector Allocation
Market Capitalization
| LARGE CAP (> $10B): | N/A |
| MID CAP ($2B - $10B): | N/A |
| SMALL CAP ($300M - < $2B): | N/A |
| MICRO CAP (<$300M): |
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Performance
| CUMULATIVE (%) | ANNUALIZED (%) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Mo. | 3 Mo. | 6 Mo. | YTD | Since Inception | 1 Yr. | Since Inception | |||
| Month end as of TBD | |||||||||
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
| Quarter end as of TBD | |||||||||
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
Fund inception date: 11/17/2025. The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.
NAV and Market Price
Daily Price/NAV Performance
| Previous Day's NAV | Previous Day's Market Price | |||
|---|---|---|---|---|
| Net Asset Value | $25.00 | Closing Price | N/A | |
| Daily Change | N/A | Daily Change | N/A | |
| % Daily Change | N/A | % Daily Change | N/A | |
| 30-Day Median Bid/Ask Spread | N/A | Premium/Discount % | N/A | |
| Premium Discount History | ||||
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
This is your Counts mockup
| Calendar Year | Calendar Year through | |
|---|---|---|
| Days traded at premium | N/A | N/A |
| Days traded at net asset value | N/A | N/A |
| Days traded at discount | N/A | N/A |
1An option premium is the cost an option buyer pays to the seller for the right to trade an asset at a set price within a certain period.
2OTM means calls are written using an out of the money strategy.
Investing involves risk, including the possible loss of principal. There is no guarantee the investment strategy will be successful. The Fund is considered to be non-diversified. The Fund is actively managed and its performance reflects the investment decisions that the Adviser makes for the Fund.
The Fund is exposed to significant risks through investments in XRP via XRP exchange traded products, futures and options. XRP highly speculative asset with a volatile market subject to rapid shifts, regulatory uncertainty, and adoption challenges. Issues such as slow transaction speeds, variable fees, and price swings amplify these risks.
Digital asset regulation remains unsettled, and trading of XRP ETF shares on U.S. exchanges may be halted due to market conditions or exchange discretion. Option prices are volatile and influenced by the underlying asset, interest and currency rates, and expected volatility—all shaped by political and economic policies. FLEX Options may be less liquid than standardized options, making timely exits difficult.
Covered call strategies may limit upside potential while still exposing the Fund to downside risk. Covered puts can incur substantial losses if the underlying asset rises sharply, with premiums offering limited protection. Monthly distributions may include return of capital, which lowers the investor’s cost basis and could result in higher loss.
Amplify Investments LLC serves as the investment adviser to the Fund. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Fund.