cryptobriefing.com
Key Takeaways
- Cboe BZX Exchange approved the listing of the 21Shares $XRP ETF, which will hold and track the performance of $XRP.
- The ETF will trade under ticker TOXR and custody $XRP holdings with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company.
Cboe BZX Exchange confirmed it has approved the listing and registration of the 21Shares $XRP ETF, according to a Wednesday filing with the SEC. This means the product is ready to go live upon official notice of issuance.
The 21Shares $XRP ETF, which will track the performance of the CME CF $XRP-Dollar Reference Rate – New York Variant, aims to offer exposure to $XRP, the fourth-largest crypto asset by market capitalization, according to its latest prospectus.
Shares are set to trade on Cboe BZX Exchange under the ticker symbol TOXR. The fund will charge a 0.3% annual sponsor fee, calculated daily and paid weekly in $XRP.
Ripple Markets is currently the only shareholder of the $XRP trust, holding 10,000,000 shares acquired at a purchase price of 100,000,000 $XRP, valued at approximately $226 million in aggregate.
21Shares hinted that trading for its spot $XRP ETF is set to start soon.
$XRP Army. Are you ready?🤝
— 21shares (@21shares) December 10, 2025
The 21Shares $XRP ETF will join numerous $XRP funds on the market this year, including those from Canary Capital, Bitwise, Grayscale, and Franklin Templeton.