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Breaking: 21Shares Scores Regulatory Green Light for XRP ETF
The approval wave keeps rolling. 21Shares has cleared regulatory hurdles to launch its XRP exchange-traded fund under the ticker TOXR, seeded with a substantial 100 million XRP backing.
This marks another win for crypto ETF products pushing into traditional finance channels. The substantial initial seed capital signals institutional confidence in XRP's market positioning as regulated investment vehicles continue expanding their digital asset coverage.
With multiple XRP ETF applications now successfully navigating the approval process, the asset class is carving out its place in mainstream investment portfolios.