Cboe BZX Exchange Approves 21Shares XRP ETF Listing
- The Cboe BZX Exchange has approved the listing of the 21Shares XRP ETF, which will track the performance of XRP.
- The ETF will trade under the ticker TOXR and will custody its XRP holdings with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company.
- Ripple Markets is currently the sole 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 total.
The approval by Cboe BZX Exchange for the listing of the 21Shares XRP ETF marks a significant development for ETF offerings related to XRP, with Ripple Markets holding substantial shares in this trust. The ETF’s trading under ticker TOXR involves custodial services from major institutions like Coinbase Custody.
Source (3.2)https://cryptobriefing.com/cboe-21shares-xrp-etf-listing-approval/?rand=59535
