21Shares Updates XRP ETF Filing with SEC
- 21Shares has updated its XRP ETF filing with the SEC, aiming to track XRP’s performance.
- The ETF will be listed under the ticker TOXR on the Cboe BZX Exchange.
- XRP custody will be managed by Coinbase Custody Trust Company, Anchorage Digital Bank, and BitGo Trust Company.
- Authorized participants like Jane Street Capital and Macquarie Capital can create or redeem shares in cash or in-kind.
- Other asset managers such as Canary Capital and Franklin Templeton have also filed for ETFs with the SEC.
The updated filing by 21Shares for an XRP ETF under ticker TOXR marks a step forward in tracking XRP’s performance, with custody managed by three regulated entities.
Source (3.2)https://cryptobriefing.com/21shares-updates-xrp-etf-8a-triggering-20-day-countdown/?rand=59535
