21Shares Files for Spot XRP ETF as Crypto Demand Evolves

21Shares Files for Spot XRP ETF as Crypto Demand Evolves

Crypto asset management firm 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC), initiating the regulatory process for a spot XRP exchange-traded fund (ETF). This proposed fund, dubbed the 21Shares Core XRP Trust, marks the second XRP-focused ETF application, following a similar filing by Bitwise in October after it established an XRP Trust in Delaware. The move underscores a broader trend among issuers to e...

21Shares Files for Spot XRP ETF as Crypto Demand Evolves Coinatory

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