Key Insights:
- XRP ETF trading starts Monday as 21Shares TOXR secures regulatory clearance from the SEC.
- XRP fund inflows surged to $687M, showing investor demand ahead of the ETF launch.
- XRP price remains stable at $2.18 despite rising institutional exposure and capital inflows.
21Shares has filed a registration statement for its XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission. The fund, listed under the name “21Shares Core XRP Trust,” uses the ticker TOXR and is scheduled to begin trading this coming Monday.
The SEC accepted the Form S-1 filing on November 1, 2024. The trust is incorporated in Delaware, with its business address listed as 477 Madison Avenue, New York. The filing marks the first official step toward launching a U.S.-listed XRP ETF, giving both retail and institutional investors access to XRP through a regulated product.
Capital Inflows Rise Ahead of ETF Launch
Data from SoSoValue shows strong inflows into XRP-related investment products over the past two weeks. Between November 13 and November 28, net inflows totaled $666 million. Daily inflows peaked on November 14, with over $250 million added in a single day.
By the end of the period, total net assets across these products reached $687.81 million. Recent data also shows steady daily interest, with the most recent net inflow recorded at $22.68 million. These figures point to growing demand for XRP exposure ahead of the ETF’s launch.
Price Holds Steady as Demand Builds
While fund inflows have increased, XRP’s market price has stayed stable. As of the latest update, XRP was trading at $2.18, down 1.2% over the past 24 hours but up 13.2% over the last 7 days.
The price chart shows minimal volatility during this period, even as capital moved into XRP funds. This trend suggests that the inflows are not tied to short-term speculation, but rather sustained positioning ahead of the ETF listing.
CoinShares Delays ETF Plans Amid U.S. Market Move
Separately, CoinShares was undergoing a merger with Vine Hill Capital, a SPAC. The new company, Odysseus Holdings Limited, will be listed on Nasdaq once the deal is completed, expected by the end of Q1 2026.
CoinShares shareholders will swap their current shares for stock in the new entity. The company will also be delisted from Nasdaq Stockholm. Until the transition is complete, CoinShares is not expected to submit any new ETF applications. The company acquired Bastion Asset Management in October 2025 to expand its digital asset management business.
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Source: https://coincu.com/news/21shares-xrp-etf-approved-what-to-expect/