The fifth XRP ETF product is ready to start buying and selling following new approval from the Cboe. This would place the fund within the firm of different ETFs which have since recorded over $950 million inflows in lower than 4 weeks.
Cboe Clears Path for New XRP ETF Under Ticker TOXR
The Cboe has accepted the itemizing of 21Shares’ upcoming XRP fund, which is able to commerce beneath the ticker “TOXR.” This approval was disclosed in a filing to the SEC. The fund will begin buying and selling on the trade as soon as it meets the ultimate necessities.


The present approval brings the record to 5 completely different U.S. spot XRP-related funds. This approval comes after 21Shares made its fifth update to its S-1 registration earlier this week to finish the ultimate steps earlier than the launch.
The submitting nonetheless carries a “delaying amendment.” This means the issuer could also be awaiting a CERT discover or direct SEC approval.
Once launched, the XRP ETF will monitor the CME CF XRP-Dollar Reference Rate, New York Variant. This would expose buyers to XRP worth efficiency with out having to custody the token. 21Shares publicly hinted at its upcoming launch on X.
XRP Army. Are you prepared?🤝
— 21shares (@21shares) December 10, 2025
The 21Shares TOXR fund is designed to have an annual sponsor payment of 0.3% charged every day and paid weekly in XRP. The issuer improved safety and adopted rules through the use of a system with a number of custodians.
Ripple Markets created preliminary liquidity for the ETF by offering 100 million XRP. This is at present price about $226 million. Creation and redemption shall be both by means of in-kind by way of XRP transfers or by way of money settlements.
This could be the newest fund to launch after Franklin Templeton’s spot XRP fund debuted late final month.
XRP Funds Close in On $1 Billion Milestone
The spot XRP ETFs within the U.S. have gathered almost $1 billion in inflows inside lower than a month. Total inflows, based on the newest figures, are about $954 million.
Ripple CEO Brad Garlinghouse shared in a post on Monday that XRP has turn out to be the fastest-growing U.S. crypto ETF by AUM since Ethereum Demand for regulated merchandise is growing available in the market.
👀<4 weeks, and XRP is now the quickest crypto Spot ETF to succeed in $1B in AUM (since ETH) within the US.
With over 40 crypto ETFs launched this 12 months within the US alone, a number of factors are apparent to me:
1/ there’s pent up demand for regulated crypto merchandise, and with Vanguard opening up…
— Brad Garlinghouse (@bgarlinghouse) December 8, 2025
XRP spot funds haven’t reported any day of internet outflows. Just yesterday, regardless of market fluctuations, it nonetheless gained about $10 million in new inflows.
In different information, Ripple released an necessary replace to the XRP Ledger. This replace is designed to enhance community stability and improve its DeFi options.



