Important points
- Cboe BZX Exchange has approved the listing of the 21Shares XRP ETF, which holds and tracks the performance of XRP.
- The ETF trades under the ticker TOXR and has custody of its XRP holdings with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company.
The 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 that the product is ready to be published at the same time as the official publication notification.
According to its latest prospectus, the 21Shares XRP ETF tracks the performance of CME CF’s XRP Dollar Reference Rate – New York Variant and aims to provide exposure to XRP, the fourth largest crypto asset by market capitalization.
The shares will be traded on the Cboe BZX exchange under the ticker symbol TOXR. The fund charges an annual sponsorship fee of 0.3%, calculated daily and paid weekly in XRP.
Ripple Market is currently the sole shareholder of XRP Trust, holding 10 million shares (worth a total of approximately $226 million) acquired for a purchase price of 100 million XRP.
21Shares has indicated that trading for its Spot XRP ETF is expected to begin soon.
XRP army. Are you ready? 🤝
— 21shares (@21shares) December 10, 2025
The 21Shares XRP ETF will join a large number of XRP funds hitting the market this year, including funds from Canary Capital, Bitwise, Grayscale, Franklin Templeton, and more.