coin-img-TRUSTTRUST-6.01%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.41%coin-img-SOLSOL-0.47%coin-img-UCNUCN+0.33%coin-img-XRPXRP+1.24%coin-img-FILFIL-4.55%coin-img-ASTERASTER-3.93%coin-img-TRUSTTRUST-6.01%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.41%coin-img-SOLSOL-0.47%coin-img-UCNUCN+0.33%coin-img-XRPXRP+1.24%coin-img-FILFIL-4.55%coin-img-ASTERASTER-3.93%coin-img-TRUSTTRUST-6.01%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.41%coin-img-SOLSOL-0.47%coin-img-UCNUCN+0.33%coin-img-XRPXRP+1.24%coin-img-FILFIL-4.55%coin-img-ASTERASTER-3.93%coin-img-TRUSTTRUST-6.01%coin-img-ETHETH+1.47%coin-img-BTCBTC+0.41%coin-img-SOLSOL-0.47%coin-img-UCNUCN+0.33%coin-img-XRPXRP+1.24%coin-img-FILFIL-4.55%coin-img-ASTERASTER-3.93%
user-avatar
Tomiwabold Olajide

21Shares Files Amendment for XRP ETF, Starting 20-Day Approval Clock

Asset manager 21Shares submitted an amended prospectus for its proposed spot XRP exchange-traded fund on January 14, 2025, initiating an automatic 20-day effectiveness countdown under Section 8(a) of U.S. securities law. Bloomberg ETF analyst Eric Balchunas confirmed the filing activates the approval clock unless the Securities and Exchange Commission intervenes. The fund would trade on Nasdaq under ticker XRPC with custody provided by Gemini Trust Company and BitGo Trust Company.
Selected
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.