21Shares Preparing XRP Army for ETF Launch
Analysis
Price Impact
HighThe launch of new spot xrp etfs, especially from a prominent issuer like 21shares, significantly increases institutional access and legitimacy for xrp. this broadens the investor base and can lead to substantial capital inflows, as evidenced by existing xrp etfs surpassing $1 billion in net assets.
Trustworthiness
HighThe information is based on verifiable news regarding sec filings for etfs and data on already launched xrp etfs from reputable firms, reported by a known crypto news outlet.
Price Direction
BullishIncreased availability of xrp etfs on regulated exchanges provides an accessible vehicle for institutions and traditional investors, driving demand. the reported substantial assets under management (aum) in existing etfs further reinforces this positive outlook.
Time Effect
LongWhile initial announcements might cause short-term price movements, the continuous inflow of capital into etfs and the sustained institutional adoption they represent will have a more profound and lasting bullish effect on xrp's price over time.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News 21Shares, a prominent European issuer known for managing numerous crypto exchange-traded products (ETPs) globally, is teasing the debut of its U.S. spot XRP ETF (TOXR). Advertisement The firm initially submitted its S-1 filing to the U.S. Securities and Exchange Commission (SEC) last November. For months following the initial submission, 21Shares, like other applicants, would submit numerous amendments to the Form S-1 registration statement. HOT Stories Morning Crypto Report: XRP Ready to Unlock Solana, Shiba Inu (SHIB) Rockets 30% in Volume, SpaceX Moves $100 Million in Bitcoin While Elon Musk Stays Silent Saylor’s 'Buy Every Bitcoin' Strategy Mocked by Schiff XRP Gets Institutional Boost with Flagship Index Crypto Market Prediction: Enormous Shiba Inu (SHIB) Divergence Printed, Ethereum (ETH) Scorching Local Resistance, Is XRP Downtrend Ending? The SEC approved Form 8-A on Nov. 20, essentially giving the green light for the product to begin trading on the Cboe BZX Exchange. Advertisement Spot XRP ETFs, like the one from 21Shares, aim to closely track the current market price of XRP. Other key players Some other issuers, including giants like Bitwise and Franklin Templeton, have already launched their spot XRP ETFs to a lot of fanfare. You Might Also Like Sat, 11/22/2025 - 12:35 Three XRP ETFs Ready for Imminent Launch By Tomiwabold Olajide Advertisement Canary Capital enjoyed its first-mover advantage, recording significant trading volume shortly after its debut on Nov. 13. Bitwise Asset Management, Grayscale, and Franklin Templeton launched their products around the same time. The recent funds from Canary, Bitwise, Grayscale, and Franklin have already surpassed $1 billion in net assets, a milestone that was recently highlighted by none other than Ripple CEO Brad Garlinghouse. The cumulative total of XRP locked in ETF Vaults is nearly half a billion, specifically 498.41 million XRP, according to the most recent data . Canary Capital is currently in the lead with a remarkable 169.0 million XRP in custody. Grayscale, with its GXRP product, is the second-largest holder, locking up 104.4 million XRP. Bitwise follows closely, holding 93.8 million XRP in its fund. Franklin Templeton, with its XRPZ ETF, has accumulated a substantial 78.2 million XRP. Additionally, XRP-based spot ETFs from such players (WisdomTree and CoinShares) are also in the pipeline. #XRP News #ETF