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Cboe Approves 21Shares XRP ETF Listing on BZX

The decision reflects post‑settlement momentum that has pushed spot‑XRP funds toward $1 billion in assets.

Overview

  • Cboe BZX certified it is ready to list 21Shares’ spot XRP ETF once issuance notices are finalized.
  • The fund will trade under ticker TOXR and track the CME CF XRP‑USD Reference Rate – New York Variant.
  • Custody will be split across Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company.
  • Ripple Markets seeded the trust with 100 million XRP and is currently the sole shareholder.
  • The ETF charges a 0.3% annual sponsor fee paid in XRP, with in‑kind or cash creations and redemptions available.