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21Shares Confirms Monday Launch for U.S. Spot XRP ETF

By

Shweta Chakrawarty

Shweta Chakrawarty

21Shares confirmed its U.S. spot XRP ETF (ticker TOXR) will debut on Cboe BZX on Monday, tracking the CME CF XRP-Dollar Reference Rate.

21Shares Confirms Monday Launch for U.S. Spot XRP ETF

Quick Take

Summary is AI generated, newsroom reviewed.

  • 21Shares confirmed its U.S. spot XRP ETF (TOXR) is approved by the SEC and is set to launch on Monday.

  • The ETF will track the CME CF XRP-Dollar Reference Rate, giving traditional investors easy, direct exposure to XRP's spot price.

  • XRP is currently trading near $2.22 amid strong cumulative inflows (over $600 million) into existing U.S. spot XRP ETFs.

  • The launch is viewed as a major test of XRP's liquidity and a significant step toward its normalization in regulated global capital markets.

21Shares has confirmed that its U.S. spot XRP ETF will officially launch on Monday. This marks a major milestone for XRP’s journey into regulated finance. The product will trade under the ticker TOXR and list on the Cboe BZX Exchange. After securing approval from the U.S. Securities and Exchange Commission.

The ETF will track the CME CF XRP-Dollar Reference Rate. It giving investors direct exposure to XRP’s spot price without holding the token. This makes it easier for traditional investors to access XRP through standard brokerage accounts. As a result, XRP now joins Bitcoin and Ethereum in the growing lineup of crypto assets with regulated U.S. spot ETFs.

XRP Holds Firm as ETF Momentum Builds

Meanwhile, XRP trades near $2.22 as the ETF launch approaches. The price has remained steady despite recent market swings. Analysts continue to track bullish chart patterns such as ascending triangles and flag formations. These patterns often signal continued upside if momentum holds. At the same time, inflows into existing U.S. spot XRP ETFs remain strong. On November 26, total net inflows reached $21.81 million.

Cumulative inflows now exceed $600 million across products from Bitwise, Franklin Templeton, and Grayscale. This steady flow of capital reflects growing institutional interest. In addition, Ripple’s stablecoin RLUSD recently crossed a $1 billion market cap. This adds strength to Ripple’s broader payments ecosystem. While some traders remain cautious about explosive price targets. Many now watch the $2.35 resistance level for the next clear move.

What Sets the 21Shares ETF Apart

21Shares brings serious scale to the table. Founded in 2018, the firm operates as one of the largest crypto ETP issuers in the world. It currently lists 55 ETPs across 12 exchanges and manages nearly $8 billion in assets as of late November 2025. The company positions itself as a pure crypto provider, focused entirely on digital asset products. Its teams combine research, product design, trading and blockchain technology under one roof. 

Over the years, 21Shares has also launched several industry firsts. This includes the world’s first staking ETP. With TOXR, 21Shares now adds XRP to its U.S. lineup alongside other major crypto products. This strengthens XRP’s presence inside regulated capital markets and expands access for retail and institutional investors.

Monday Could Be a Key Test for XRP Liquidity

Now, attention turns to Monday’s trading debut. Many observers expect early ETF flows to serve as a real test of XRP’s demand inside traditional finance. Strong inflows could add fresh liquidity and price support. On the other hand, weak volume may cool short-term excitement. Online reactions already show rising anticipation. 

Traders view the ETF as a gateway for larger funds that previously stayed on the sidelines. Others see it as another step toward XRP’s full normalization inside global markets. Either way, the launch puts XRP under a brighter spotlight. After years of regulatory uncertainty, a U.S. spot XRP ETF now stands as a symbol of renewed confidence. The real verdict will arrive when markets open on Monday.

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