The XRP neighborhood woke as much as a cryptic message from outstanding asset supervisor 21Shares.
Particularly, in a post on X, 21Shares wrote, “Can you retain a secret?”
Nevertheless, it didn’t stay a secret for lengthy as members of the neighborhood rapidly deduced that the trace was associated to 21Shares’ extensively anticipated spot XRP ETF (TOXR).
Notably, the ETF has now been permitted and can start buying and selling on Monday. With this transfer, 21Shares turns into the most recent main participant within the rising XRP ETF market.
Can you retain a secret? 👀🎨
— 21shares US (@21shares_us) November 28, 2025
21Shares’ XRP ETF Is Now Official
21Shares has secured approval for its U.S. spot XRP ETF by means of a Type 8-A submitting dated November 20. The product will checklist on the Cboe BZX Trade underneath the ticker TOXR and can carry a 0.50% administration charge. Buying and selling begins Monday, marking the corporate’s entry because the fifth spot XRP ETF to go reside in the US.
This itemizing comes simply days after new funds from Grayscale and Franklin Templeton debuted. Grayscale’s GXRP attracted $67.36 million on launch day, and subsequent inflows have taken its complete belongings to $71.68 million.
In the meantime, Franklin Templeton’s XRPZ introduced in $62.59 million on its first day and now has $85.41 million in AUM.
XRP ETF Momentum Hits $666 Million Inflows
Current spot XRP ETFs have already recorded $666 million in web inflows in lower than a month, in accordance with SoSoValue. Complete web belongings have reached $687.81 million, representing roughly 0.52% of XRP’s market cap — all achieved with zero outflow throughout the whole ten-trading-day interval.
The strongest influx day got here on November 14, throughout Canary Capital’s ETF debut, with $243 million. One other main influx arrived on November 24, totaling $164.04 million, coinciding with the launch of Grayscale’s and Franklin Templeton’s XRP ETFs.
Most just lately, on the shut of enterprise on Friday, $22.68 million flowed into XRP ETF merchandise in a single day. To date, XRP ETFs have recorded no outflows all through the final ten buying and selling days.
This speedy accumulation has quietly lowered the quantity of liquid XRP accessible on exchanges. Whereas the impression on XRP’s value has not but been seen, there may be rising expectation amongst analysts—together with Jake Claver and Chad Steingraber—that a supply shock is looming and will pressure a repricing.
Seven ETFs Incoming?
With 21Shares’ ETF changing into the fifth product to checklist, the overall quantity might attain seven quickly. CoinShares and WisdomTree are subsequent in line to hitch the U.S. XRP ETF market, though CoinShares quickly withdrew its submitting resulting from inner structural modifications.
Final week, reports noted that 21Shares was gearing up for launch after updating its S-1 type on November 7. Some analysts believed the added “delay language” may gradual approval, however the November 20 submitting confirmed the ETF was prepared.
When buying and selling begins, the fund will launch with seed baskets of 20,000 shares priced at $25 every, totaling $500,000 in preliminary capital.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embrace the writer’s private opinions and don’t replicate The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Fundamental isn’t liable for any monetary losses.
