XRP ETF excitement is reaching new heights as 21Shares announces the official launch of its U.S. spot XRP ETF set for December 1, 2025. This strategic move positions 21Shares as a pioneer in bringing XRP deeper into mainstream finance. The ETF, trading under the ticker TOXR, will offer investors a unique opportunity to gain direct exposure to the spot price of XRP without the hassle of managing the digital asset themselves.
Understanding the 21Shares XRP ETF
The 21Shares XRP ETF will trade on the Cboe BZX Exchange, tracking the CME CF XRP-Dollar Reference Rate. According to the SEC filing dated November 28, 2025, this product marks a significant step forward, as it is one of the first European-issued XRP ETFs to dominate the U.S. market. With 21Shares managing over 40 crypto ETPs globally, their expansion across Europe, the Middle East, and Asia is noteworthy.
How the XRP ETF Operates
Similar to spot Bitcoin and Ethereum ETFs, the TOXR fund will hold physical XRP in secure custody, ensuring investor protection through daily creation and redemption baskets that align with XRP’s real-time market price. While the final expense ratio is yet to be disclosed, industry experts predict a competitive range between 0.25% and 0.40%. Anchorage and BitGo, known for their cold storage and multi-signature security, will manage custody.
Impact on XRP Price and Market
Increased interest in XRP ETFs has resulted in $666.61 million in inflows, reflecting the strong demand from institutional investors. This influx has reduced the liquidity of XRP on exchanges, pushing the token’s price up by 12% this week to over $2.19. Analysts anticipate that if current trends continue, XRP could reach between $2.70 and $3.00, especially if Bitcoin surpasses the $100,000 mark.
Why Invest in the 21Shares XRP ETF?
The 21Shares XRP ETF offers a regulated avenue for investors to tap into the XRP market without direct token management. Its strategic design and secure custodianship make it an attractive option for those looking to diversify their crypto portfolio. Additionally, the competitive expense ratio enhances its appeal to cost-conscious investors.
As XRP ETFs gain momentum, experts predict that they could attract upwards of $50 billion, mirroring the success seen with early Solana ETF launches. This could potentially lead to significant upward pressure on XRP’s price, benefiting early adopters of the ETF.
Conclusion
The launch of the 21Shares XRP ETF signifies a pivotal moment in the integration of XRP into mainstream financial markets. As more institutional investors flock to this opportunity, the ETF is poised to drive substantial growth in XRP’s market value. For those looking to invest in XRP without the complexities of direct token holding, the 21Shares XRP ETF represents a promising investment vehicle.





