On this page of Benford's Law Stocks.com we present our study of FRANKLIN XRP TRUST — ticker symbol XRPZ. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/17/2026 to 6/29/2026 for FRANKLIN XRP TRUST under CIK number 0002059438. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for XRPZ, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for FRANKLIN XRP TRUST based on the past XRPZ filings our system processed in the past.
52.7
18.0
5.3
6.7
7.4
1.4
1.4
2.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 283
Recent share count: 14,250,000 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
283
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
48

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was below the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 4th column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
XRPZ
Low score compared to other filers, falling in the bottom quartile.
Check our work! We provide our FRANKLIN XRP TRUST Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the XRPZ filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 149 numbers that start with the digit 1. Here they are:
19,600,000
14,700,000
14.63
159,659,740.0158
100.00
159,659,740.0158
100.00
100.00
142,056
142,056
1,632,673
107,303,893
108,936,566
108,936,566
108,936,566
161,156,892
1,632,673
107,303,893
156,699,648
161,156,892
156,699,648
173,999,149
173,999,149
1,632,673
107,303,893
108,936,566
13,597,884
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
19
19
142,056
142,056
100,000
161,156,892
173,999,149
14,700,000
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
1,086,120.6800
161,156,892
173,999,149
1,632,673
107,303,893
159,659,740.0158
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
14.63
19
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
14,700,000
14.63
159,659,740.0158
100.00
159,659,740.0158
100.00
100.00
142,056
142,056
1,632,673
107,303,893
108,936,566
108,936,566
108,936,566
161,156,892
1,632,673
107,303,893
156,699,648
161,156,892
156,699,648
173,999,149
173,999,149
1,632,673
107,303,893
108,936,566
13,597,884
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
19
19
142,056
142,056
100,000
161,156,892
173,999,149
14,700,000
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
1,086,120.6800
161,156,892
173,999,149
1,632,673
107,303,893
159,659,740.0158
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
14.63
19
100,000
100,000
100,000
10.86
1,086,120.68
1,086,120.68
1,086,120.68
1
1
We found 51 numbers that start with the digit 2. Here they are:
215,061,670
215,061,670
215,061,670
215,061,670
215,061,670
215,061,670
2,440,079
215,061,670
25.00
2.0458
2,221,985.69
25.00
2.0458
2,221,985.69
2,224,208
25.00
2.0458
2,221,985.69
2,440,079
215,061,670
25.00
2.0458
2,221,985.69
24.40
25.00
2.0458
2,221,985.69
215,061,670
215,061,670
215,061,670
215,061,670
215,061,670
215,061,670
2,440,079
215,061,670
25.00
2.0458
2,221,985.69
2,224,208
25.00
2.0458
2,221,985.69
2,440,079
215,061,670
25.00
2.0458
2,221,985.69
24.40
25.00
2.0458
2,221,985.69
We found 15 numbers that start with the digit 3. Here they are:
322,149,692
322,149,692
322,149,692
335,156,041
321,558,157
300,000
323,782,365
3,258,362.0400
322,149,692
322,149,692
335,156,041
321,558,157
300,000
323,782,365
3,258,362.0400
4's 5's 6's
We found 19 numbers that start with the digit 4. Here they are:
4,457,244
4,457,244
4,000
4,000
4,457,244
4,000
4,457,244
4,000
40.04
4,000
4,457,244
4,457,244
4,000
4,457,244
4,000
4,457,244
4,000
40.04
4,000
We found 21 numbers that start with the digit 5. Here they are:
543,060.34
50,000
543,060.34
500,000
5.0
500,000
500,000
543,060.34
543,060.34
543,060.34
5.0
50,000
543,060.34
500,000
5.0
500,000
500,000
543,060.34
543,060.34
543,060.34
5.0
We found 4 numbers that start with the digit 6. Here they are:
600,000
6,516,724.0830
600,000
6,516,724.0830
7's 8's 9's
We found 4 numbers that start with the digit 7. Here they are:
7,500,000
70,000
7,500,000
70,000
We found 6 numbers that start with the digit 8. Here they are:
8,000,000
81,459,051.0149
86,889,654.4427
8,000,000
81,459,051.0149
86,889,654.4427
We found 14 numbers that start with the digit 9. Here they are:
9.11
9,140,640
9,140,640
9,140,640
9,140,640
9.77
9.77
9.11
9,140,640
9,140,640
9,140,640
9,140,640
9.77
9.77
While the above XRPZ 10K Filed 6/29/2026 is interesting in isolation, we have found that it is also useful to take a look at older FRANKLIN XRP TRUST filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 6/29/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical XRPZ 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

52.7
18.0
5.3
6.7
7.4
1.4
1.4
2.1
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 48
XBRL?   [ original filing ]
Total numbers found: 283

= Typical XRPZ range from 2/17/2026 to 6/29/2026
41.4
36.1
4.0
6.0
8.4
0.0
0.8
0.0
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 36
XBRL?   [ original filing ]
Total numbers found: 249

= Typical XRPZ range from 2/17/2026 to 6/29/2026
 

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