21Shares XRP ETF Approved by SEC, Set to List on Cboe BXZ

icon36Crypto
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Derived from 36 Crypto, 21Shares has received automatic approval for its XRP Exchange-Traded Fund (ETF) from the U.S. Securities and Exchange Commission (SEC) after filing an 8-A form. The ETF is set to be listed on the Cboe BXZ Exchange under the ticker symbol 'TOXR' and is expected to begin trading next week, pending exchange certification. This approval follows a Form S-1 filing on November 7, suggesting the application was expedited under the SEC’s post-shutdown guidance. The move highlights growing institutional interest in the cryptocurrency market and further integrates digital assets into traditional finance. Grayscale and Bitwise have also launched or are set to launch their XRP ETFs, with Grayscale’s scheduled for November 24, 2025, and Bitwise’s already listed on the NYSE under the ticker 'XRP'.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.