21Shares Files for Spot ONDO ETF with SEC
21Shares Files for Spot ONDO ETF with SEC
Swiss crypto asset manager 21Shares has filed a Form S‑1 prospectus with the U.S. Securities and Exchange Commission for its proposed 21Shares Ondo Trust, a spot ETF intended to hold the ONDO token and track the CME CF Ondo Finance‑Dollar Reference Rate. The tokens will be protected by Coinbase Custody. The trust will operate passively, allowing authorized participants to create and redeem shares either in cash or in-kind, and will not employ s...
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