Franklin

XRP ETF

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<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>21Shares disclosed a management fee of 0.50% for its XRP ETF.</li>
 <li>The issuer has not disclosed a fee waiver for its XRP fund.</li>
 <li>XRP price&nbsp;rebounded and holds above $2.10 amid XRP ETF buzz.</li>
</ul>
<p>21Shares, one of the world’s largest issuers of crypto exchange-traded products, finally revealed the management fee for its XRP ETF on Thursday.</p>
<p>This follows the 21Shares XRP ETF’s auto-effective approval via 8-A with the U.S. Securities and Exchange Commission (SEC). XRP price continues to fall despite the buzz surrounding multiple XRP ETF launches.</p>
<h2 class="wp-block-heading" id="h-21shares-xrp-etf-amends-s-1-to-disclose-fee"><strong>21Shares XRP ETF Amends S-1 to Disclose Fee</strong></h2>
<p>According to an <a href="https://www.sec.gov/Archives/edgar/data/2028835/000121390025112826/ea0266092-s1a4_21shares.htm" target="_blank" rel="noopener noreferrer nofollow">SEC filing</a> on November 20, 21Shares filed a fourth amendment to its S-1 to disclose a management fee of 0.50%. The fee details remained redacted in its earlier filings.</p>
<p>The details regarding the potential fee waiver have not been disclosed by 21Shares yet. Meanwhile, Bitwise, Franklin Templeton, and Grayscale have revealed a fee waiver.</p>
<p><a href="https://www.thecoinrepublic.com/2025/11/19/franklin-xrp-etf-gains-expedited-approval-to-list-on-nyse-arca/" rel="noopener noreferrer nofollow">Franklin XRP Exchange-Traded Fund </a>(XRPZ) has the lowest 0.19% fee. However, the fee doesn’t matter until the fee waiver period set by issuers.</p>
<p>The filing also revealed details of the initial seed purchase by 21Shares US LLC. It is expected to purchase initial seed creation baskets comprising 20,000 shares at $25 per share, accounting for $500,000.</p>
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  <img loading="lazy" width="1024" height="332" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-760-1024x332.png" alt="21Shares XRP ETF Discloses Fee | Source: US SEC Filing">
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   21Shares XRP ETF Discloses Fee | Source: US SEC Filing
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<h2 class="wp-block-heading" id="h-21shares-xrp-etf-becomes-auto-effective-for-launch"><strong>21Shares XRP ETF Becomes Auto-Effective for Launch</strong></h2>
<p>21Shares XRP ETF became auto-effective with a Form 8-A filing, which is usually among the last steps in the approval process. CBOE BZX Exchange also approved the listing of shares on the exchange under the ticker symbol “TOXR.”</p>
<p>The ETF is expected to start trading next week, pending a certification of listing by the exchange. 21Shares has retained the delay amendment in the prospectus, despite the&nbsp;SEC’s post-government shutdown guidance.</p>
<p>The trust’s investment objective is to provide exposure to XRP, tracking spot XRP prices from the CME CF XRP-Dollar Reference Rate pricing benchmark. Coinbase Custody, Anchorage Digital Bank, and BitGo Trust will serve as the custodian for the 21Shares XRP exchange-traded fund.</p>
<p>Notably, BNY Mellon to serve as the cash custodian, administrator, and transfer agent of the trust. Foreside Global Services is the marketing agent.</p>
<p>As The Coin Republic reported,&nbsp;<a href="https://www.thecoinrepublic.com/2025/11/20/how-did-bitwise-get-xrp-community-asks-as-new-etf-goes-live/" rel="noopener noreferrer nofollow">Bitwise XRP ETF</a>&nbsp;will begin trading on NYSE Arca under the ticker “XRP” today. Meanwhile, Bloomberg analyst James Seyffart confirmed the launch of Grayscale and Franklin Templeton’s XRP ETFs on Monday.</p>
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  <img loading="lazy" width="876" height="634" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-761.png" alt="All XRP ETF Details | Source: X">
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   All XRP ETF Details | Source: X
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<h2 class="wp-block-heading" id="h-xrp-price-holds-above-2-10"><strong>XRP Price Holds Above $2.10</strong></h2>
<p>XRP price&nbsp;saw a much-needed rebound amid XRP ETF buzz over the last 24 hours. At the time of writing, the price was trading at $2.12.</p>
<p>The 24-hour low and high are $2.01 and $2.15, respectively. Trading volume also saw a 33% increase over the last 24 hours, indicating a rise in interest among traders.</p>
<p>Meanwhile, derivatives markets showed mixed sentiment in the last few hours, as per CoinGlass data. At press time, the total XRP futures open interest tumbled nearly 3% to $3.69 billion in the last 24 hours.</p>
<p>The 4-hour XRP futures open interest has climbed 0.40%. CME, Binance, and OKX saw a rise of almost 0.10%, 0.26%, and 3.40% in the last 4 hours, respectively</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/11/20/breaking-21shares-discloses-fee-and-other-details-for-its-xrp-etf/" rel="noopener noreferrer nofollow">Breaking: 21Shares Discloses Fee and Other Details for its XRP ETF</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Breaking: 21Shares Discloses Fee and Other Details for its XRP ETF

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