21Shares Launches U.S. Spot XRP ETF TOXR Amid $666M Inflows

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According to The Crypto Basic, 21Shares has launched its U.S. spot XRP ETF, TOXR, following a cryptic social media hint. The ETF, which will trade on the Cboe BZX Exchange with a 0.50% management fee, marks 21Shares' entry as the fifth XRP ETF in the U.S. Existing XRP ETFs have seen $666 million in net inflows in under a month, with no outflows recorded in the past ten trading days. Analysts suggest a potential supply shock could impact XRP's price.

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