21Shares is set to launch its U.S. Spot XRP ETF on December 1, following automatic SEC approval. This comes amidst strong demand as crypto ETFs reported $666 million in inflows in a month.
The XRP ETF will be based on the CME CF XRP-Dollar Reference Rate, allowing investors exposure without holding XRP. With intensified competition, several XRP ETFs are now active, indicating rising institutional interest.
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