21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), has announced the launch of the 21Shares XRP ETF (TOXR) on the CBOE. This new offering provides U.S. investors with a transparent and accessible way to gain exposure to XRP for cross-border payments.
21Shares XRP ETF Goes Live, Expanding U.S. Access to XRP
In a recent X post, 21Shares US revealed that the X is live now, and this marks yet another crucial step in 21Shares’ expansion into the U.S. The 21Shares XRP ETF will provide exposure to XRP, available for purchase via traditional brokerage accounts instead of a digital currency exchange.
This simplifies the way traditional investors can reach one of world’s best blockchain assets. XRP is the fourth-largest cryptocurrency by market capitalization and has a vital role in financial transactions of cross-borders.
The XRP Ledger (XRPL), operational since 2012, is extensively used in global payments, tokenization, and decentralized finance (DeFi). XRP benefits from a dedicated community, the XRP Army, which plays a significant role in maintaining its prominence in the cryptocurrency market.
As reported by CoinGape, Ripple had released XRP Ledger (XRPL) upgrade. This is a significant release for the XRPL network. It introduces enhancements to reliability, bug fixes and new features such as native lending protocol.
21Shares Expands U.S. Crypto Access with $8B in Assets
In a press release, Russell Barlow, CEO at 21Shares, emphasized the firm’s commitment to providing U.S. investors with access to leading cryptocurrencies. He added that 21Shares is at the forefront in the development of next generation financial products that embody the game-changing technology in crypto.
As of November 2025, 21Shares oversees more than $8 billion in assets and has five ETPs trading in the U.S. This new listing consolidates the company’s status as most varied issuers of crypto ETPs in the world. The company is increasingly making cryptocurrencies more available to traders and investors and reaffirming its leadership in this market.
As CoinGape reported earlier, the CBOE approved news fund for trading under the ticker “TOXR”. The approval followed a filing with the SEC. Spot XRP ETFs in the U.S. have already seen rollovers of $954.33 million over a month’s time. Even with market fluctuations, the funds remain strong performers, pulling in $10.2 million in new inflows yesterday.
Source: https://coingape.com/21shares-xrp-etf-launches-as-xrp-funds-extend-inflows/
