The post Cboe approves listing of 21Shares XRP ETF appeared on BitcoinEthereumNews.com. The 21Shares XRP exchange-traded fund is now approved for listing on Cboe BZX Exchange, marking a key step before trading begins. Summary Cboe approves the listing of the 21Shares XRP ETF under ticker TOXR. The fund uses multi-custody storage and a 0.3% sponsor fee paid in XRP. XRP ETFs near $1 billion in assets as inflows continue to build. The new fund will join several other XRP ETFs which have already gained significant traction. Cboe confirmed the approval in a Dec. 10 filing with the Securities and Exchange Commission, which certifies that the exchange is ready to list and register the fund once official issuance notices are complete. The ETF will track the CME CF XRP-Dollar Reference Rate – New York Variant, giving investors regulated access to XRP (XRP) price exposure without handling the asset directly. Key ETF structure and market setup The move comes three weeks after the SEC’s automatic approval of 21Shares’ 8-A registration, which followed the firm’s amended S-1 submission. While the Dec. 8 S-1/A remains marked “Subject to Completion,” regulators consider this a procedural label that does not block exchange listing. Trading could begin as early as next week, depending on final administrative steps. The 21Shares XRP ETF carries a 0.3% annual sponsor fee, calculated daily and paid weekly in XRP. The product uses a multi-custodian model with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company managing the fund’s physical XRP reserves. Ripple Markets seeded the ETF with 100 million XRP, worth roughly $226 million at current prices. Shares will be created or redeemed in-kind through XRP transfers or in cash by authorized participants. The ETF will trade on the Cboe BZX Exchange under the ticker TOXR, placing it alongside other digital-asset products that have recently launched on the venue. Impact on the growing XRP… The post Cboe approves listing of 21Shares XRP ETF appeared on BitcoinEthereumNews.com. The 21Shares XRP exchange-traded fund is now approved for listing on Cboe BZX Exchange, marking a key step before trading begins. Summary Cboe approves the listing of the 21Shares XRP ETF under ticker TOXR. The fund uses multi-custody storage and a 0.3% sponsor fee paid in XRP. XRP ETFs near $1 billion in assets as inflows continue to build. The new fund will join several other XRP ETFs which have already gained significant traction. Cboe confirmed the approval in a Dec. 10 filing with the Securities and Exchange Commission, which certifies that the exchange is ready to list and register the fund once official issuance notices are complete. The ETF will track the CME CF XRP-Dollar Reference Rate – New York Variant, giving investors regulated access to XRP (XRP) price exposure without handling the asset directly. Key ETF structure and market setup The move comes three weeks after the SEC’s automatic approval of 21Shares’ 8-A registration, which followed the firm’s amended S-1 submission. While the Dec. 8 S-1/A remains marked “Subject to Completion,” regulators consider this a procedural label that does not block exchange listing. Trading could begin as early as next week, depending on final administrative steps. The 21Shares XRP ETF carries a 0.3% annual sponsor fee, calculated daily and paid weekly in XRP. The product uses a multi-custodian model with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company managing the fund’s physical XRP reserves. Ripple Markets seeded the ETF with 100 million XRP, worth roughly $226 million at current prices. Shares will be created or redeemed in-kind through XRP transfers or in cash by authorized participants. The ETF will trade on the Cboe BZX Exchange under the ticker TOXR, placing it alongside other digital-asset products that have recently launched on the venue. Impact on the growing XRP…