21Shares’ XRP ETF is about to affix the record of funds already buying and selling out there. This comes as institutional demand grows with the ETFs recording $666 million in inflows in lower than a month of full buying and selling.
21Shares XRP ETF Set to Launch on Monday
In accordance with a brand new submitting, 21Shares has been cleared to begin buying and selling for its U.S. spot XRP ETF on Monday. The fund will commerce beneath the ticker TOXR. The fund might be listed on the Cboe BZX Exchange after being given the go forward by the U.S. SEC.
🚨BREAKING: 21Shares will launch its SPOT #XRP ETF this monday! pic.twitter.com/oLyESDmIoT
— JackTheRippler ©️ (@RippleXrpie) November 28, 2025
This itemizing follows the automated approval by the issuer with the SEC utilizing a Kind 8-A. It completes one of many final steps which have been required for a U.S.-listed crypto ETF to enter the market. The launch places 21Shares alongside main issuers who’re already seeing demand for his or her merchandise.
The forthcoming itemizing locations the fund because the fifth XRP ETF to record within the U.S. market inside days. Earlier within the week, different funds from Grayscale and Franklin Templeton hit the market. GXRP had flows of $67.36 million on its first day, whereas XRPZ had $62.59 million.
The 21Shares product will monitor the CME CF XRP-Greenback Reference Charge. It might let holders get publicity to the spot value of XRP with out holding the asset straight.
The brand new fund comes when the momentum amongst traders appears to be rising. Already, the present funds have recorded nice inflows.
Institutional Inflows Attain $666 Million in Lower than a Month
In accordance with knowledge from SoSoValue, the launched merchandise noticed $666 million in internet inflows in lower than one month. Whole internet belongings reached $687.81 million. For context, that is about 0.52% of XRP’s complete market cap.
This got here with no recorded outflow all through the interval. Its highest inflows had been seen with Canary’s debut on November 14. Inflows elevated throughout the newest days of buying and selling. This consists of the newest determine of $22.68 million getting into the merchandise yesterday.
This accumulation has quietly diminished the liquid XRP trade provide as custodians retailer tokens in regulated vaults.
In the meantime, CoinShares has withdrawn the submitting for its beforehand anticipated XRP product. The change occurred after many amendments had been submitted in August and October.
Knowledgeable Chad Steingraber famous that CoinShares is making some adjustments to its firm construction most likely the explanation for the withdrawal.
CoinShares is merging into a brand new firm referred to as Odysseus Holdings Restricted. Meant to strengthen their US digital asset market with new merchandise.
They are going to almost definitely wait till after the Q1 26 shut earlier than resubmitting new ETF’s. https://t.co/rw2KQbIiZi pic.twitter.com/SlOPRlR8LK
— Chad Steingraber (@ChadSteingraber) November 29, 2025
