21Shares XRP ETF: Cboe Listing Approval Questioned

The Chicago Board Options Exchange (Cboe) has not confirmed any approval for listing the 21Shares XRP ETF, despite reports citing secondary sources on December 11.

The absence of official Cboe approval raises uncertainties about the ETF’s market entry, affecting investors’ and stakeholders’ expectations and decisions surrounding the anticipated 21Shares XRP ETF.

Cboe Approval for 21Shares XRP ETF Still Unverified

The Chicago Board Options Exchange has been reported to approve the listing and registration of the 21Shares XRP ETF by sources like PANews and Cointelegraph. However, no primary-source confirmation exists regarding this decision. The SEC’s registration process for the 21Shares product continues, with the S‑1/A filed by the sponsor noted as “Subject to Completion.”

Market implications remain uncertain without official confirmation from Cboe. The situation raises questions about regulatory processes and their pace for crypto assets, particularly with expectations of more crypto ETFs seeking approval.

21Shares US LLC, Sponsor of the 21Shares XRP ETF, – “The Trust expects to list on an exchange (Cboe BZX is referenced in related 21Shares crypto ETF filings) but the December 8, 2025 S‑1/A is still labeled ‘Subject to Completion’ and does not constitute an exchange’s final listing approval.” Source: SEC S-1/A

XRP Price Remains Volatile Amid Speculative News

Did you know? XRP’s price has seen dramatic fluctuations over the past 90 days, with a significant 33.80% decrease. Such volatility often coincides with speculative ETF approval news, reflecting investor uncertainty.

CoinMarketCap reports XRP’s current price at $2.01, with a market cap of $121.46 billion and market dominance at 3.92%. Trading volume over the last 24 hours was approximately $3.92 billion, decreasing by 3.64%. The 90-day price change noted a 33.80% decrease, indicating significant volatility in recent months.

The Coincu research team suggests ongoing regulatory uncertainties could dictate financial and market outcomes. Future technological integrations and investor sentiment may hinge on clear regulatory frameworks, which continue to evolve amid growing crypto-centric financial products. XRP’s recent price actions reflect broader market sentiments often reactive to speculative announcements, underlining the crucial nature of verified information in trading environments.