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Reading: XRP Powers Up With 21Shares Spot ETF’s Final SEC Push
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Crypto News

XRP Powers Up With 21Shares Spot ETF’s Final SEC Push

Last updated: November 21, 2025 2:35 am
Published: 5 months ago
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Multiple Ripple price-tracking ETFs to drop in the next few days: can Wall Street accelerate XRP’s path to price recovery?

21Shares, one of the top digital asset managers, are just a few steps away from launching their Ripple (XRP) exchange-traded fund (ETF). 21 Shares just filed an 8-A form amendment, which allows the global asset managing giant to go live on the Cboe BZX Exchange (formerly known as BATS exchange).

Typically going live 21 days after the automatic approval due to the 8-A update arriving on the SEC’s table, this XRP ETF will sport the ticker TOXR. As 21Shares penned the S-1 Form on November 7, 2025, it’s plausible that the ETF would debut as early as next week. Meanwhile, the competing Bitwise ETF is going live on the NYSE Arca today.

Will This Flurry Of ETF Launches Revive XRP’s Price?

As far as the Bitwise ETF goes, the global asset manager decided to waive the management fee of 0.34% for the initial month on the first $500 million inflows. With this new Ripple ETF going live on the NYSE Arca, investors are able to gain exposure to XRP as the Ledger aims to capture a piece of the rising $250 trillion cross-border market.

As for the already-trading XRP’s Spot market price-tracking ETF items, Canary Capital is leading the race with $292 million inflows after two weeks of trading on NASDAQ. However, Franklin Templeton’s soon-to-drop Franklin XRP ETF (XRPZ) has the lowest handling fee of 0.19%, as well as the most assets under management (AUM).

Exceeding $1.5 trillion, the success of Franklin’s Ripple ETF could serve a game-changer in XRP’s rebound efforts. With the markets frightened, XRP’s price stands just 7 cents above the lowest-tier Bollinger Band (BOLL) of $2.15. A downward break below that level could send the OG altcoin below $2, unless large investors intervene to accumulate positions.

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