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21Shares files Form S-1 with SEC for spot XRP ETF

Asset manager 21Shares has filed for approval of a spot XRP exchange-traded fund (ETF) with the United States Securities and Exchange Commission.

The Coinbase Custody Trust Company will act as the custodian for the investment vehicle’s XRP should approval go through. Other asset management firms, including Bitwise, preceded 21Shares for their XRP ETF filings.

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