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21Shares Files S-1 for XRP ETF, Joining the Crypto Spot ETF Race

Mary Liu

Summary: 21Shares has officially entered the race for a spot XRP ETF in the US, filing an S-1 form with the Securities and Exchange Commission (SEC). The proposed ETF, named the 21Shares Core XRP Trust, is set to list on the Cboe BZX Exchange with Coinbase Custody Trust Company as its custodian. This move by 21Shares ...

21Shares has officially entered the race for a spot XRP ETF in the US, filing an S-1 form with the Securities and Exchange Commission (SEC). The proposed ETF, named the 21Shares Core XRP Trust, is set to list on the Cboe BZX Exchange with Coinbase Custody Trust Company as its custodian.

This move by 21Shares follows similar applications from other firms like Canary Capital and Bitwise. The SEC's decision on these applications will be crucial for the future of crypto ETFs in the US.

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