Citing Coinpedia, 21Shares’ TOXR XRP ETF has been approved by Cboe for listing, making it the fifth U.S. XRP ETF and pushing total inflows close to $1 billion. The ETF, which tracks the CME CF XRP-Dollar Reference Rate, is backed by 100 million XRP in liquidity and uses a multi-custodian model with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company. Despite XRP’s price stagnation, U.S. spot XRP ETFs have recorded over $170 million in weekly inflows, showing strong institutional interest.
21Shares’ TOXR XRP ETF Cleared by Cboe as Inflows Near $1 Billion
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Summary
Cboe has approved 21Shares’ TOXR XRP ETF for listing, marking the fifth U.S. XRP ETF and pushing ETF inflows near $1 billion. The fund tracks the CME CF XRP-Dollar Reference Rate and is supported by 100 million XRP in liquidity. It uses a multi-custodian model with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company. Despite XRP’s flat price, U.S. spot XRP ETFs have seen over $170 million in weekly ETF inflows, reflecting strong institutional demand.
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