{"id":17591,"date":"2025-12-09T21:34:04","date_gmt":"2025-12-09T21:34:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/21shares-xrp-etf-a-step-closer-to-launch\/"},"modified":"2025-12-09T21:34:14","modified_gmt":"2025-12-09T21:34:14","slug":"21shares-xrp-etf-a-step-closer-to-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/21shares-xrp-etf-a-step-closer-to-launch\/","title":{"rendered":"21Shares\u2019 XRP ETF: A step closer to launch"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">21Shares has just filed an updated prospectus for its eagerly anticipated 21Shares XRP ETF (TOXR), pushing the product one step closer to gaining regulatory approval\u2014just in time for a fresh wave of investor interest in crypto-linked exchange-traded products.<\/p>\n<div id=\"cn-block-summary-block_4863a3d9d6140ec3b6e371b60d65083b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>21Shares has filed an updated prospectus for its 21Shares XRP ETF (TOXR).<\/li>\n<li>The ETF is one step closer to regulatory approval and launch, with a lower management fee of 0.30%.<\/li>\n<li>21Shares is seeding its product with 20,000 shares priced at $25 each, as traders anticipate a potential rally similar to Solana\u2019s.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>For those who\u2019ve been following the saga, the 21Shares XRP ETF just submitted its fifth amendment to its S-1, bringing it one step closer to its potential launch this week.<\/p>\n<p>The issuer also decided to be <em>slightly<\/em> more wallet-friendly by lowering its management fee from 0.50% to 0.30%\u2014a small but sweet gesture amid fierce competition. However, no word on whether they\u2019ll waive fees entirely just yet.<\/p>\n<h2 class=\"wp-block-heading\">A quick history lesson<\/h2>\n<p>The ETF became \u201cauto-effective\u201d last month, but it\u2019s now waiting on a CERT filing before it can officially launch. The goal? To offer investors a regulated way to gain exposure to XRP while avoiding the labyrinth of crypto wallets. <\/p>\n<p>Instead, investors can buy shares through traditional brokerage accounts, while the ETF tracks spot XRP prices from the CME CF XRP-Dollar Reference Rate. It\u2019s like the crypto equivalent of eating your cake and having it too\u2014just without the risk of losing it in a hardware wallet.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">One custodian? Try three.<\/h2>\n<p>On the custodianship front, 21Shares has lined up Coinbase Custody, Anchorage Digital Bank, and BitGo Trust. Plus, BNY Mellon will handle the cash side of things, acting as the cash custodian, administrator, and transfer agent. <\/p>\n<p>For those keeping track, Foreside Global Services is the marketing agent.<\/p>\n<p>According to the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2028835\/000121390025118924\/ea0268766-s1a5_21shares.htm\" target=\"_blank\" rel=\"nofollow\">December 8 filing<\/a>, the fund will hold actual XRP. That means investors will get direct exposure to the crypto asset. But unlike those thematic crypto equity ETFs that leave you guessing, TOXR lets you trade XRP through your traditional brokerage account. <\/p>\n<p>21Shares is seeding the ETF with 20,000 shares priced at $25 each, so if you\u2019ve been thinking about a slice of XRP, this might be your chance\u2014though you\u2019ll need to fork over around $500,000 for the privilege. <\/p>\n<p>XRP ETFs, globally, are on a roll, with 16 consecutive days of net inflows. The total assets under management? A cool $923 million. <\/p>\n<ul class=\"wp-block-list\">\n<li>On Monday, XRP ETFs attracted a whopping $38 million in net inflows. Of that, Franklin Templeton\u2019s XRP ETF (ARCA: XRPZ) snatched up $31.7 million alone. <\/li>\n<li>Meanwhile, Bitcoin ETFs experienced a not-so-hot $60 million in net outflows; <\/li>\n<li>Ethereum ETFs gained $35.49 million. <\/li>\n<li>Solana ETFs are trailing behind, with a modest $1.18 million in net inflows.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>21Shares has just filed an updated prospectus for its eagerly anticipated 21Shares XRP ETF (TOXR), pushing the product one step closer to gaining regulatory approval\u2014just in time for a fresh&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=17591"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17591\/revisions"}],"predecessor-version":[{"id":17592,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17591\/revisions\/17592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11540"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}