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21Shares Files S-1 With SEC for XRP ETF, Joining Bitwise and Canary Capital in Race for Ripple Investment Product

Coinpedia LogoCoinpedia11h ago

21Shares Files S-1 With SEC for XRP ETF, Joining Bitwise and Canary Capital in Race for Ripple Investment Product - Coinpedia

Quick Summary:

This filing, submitted today, signals the firm’s intention to offer an investment product centered around Ripple’s native cryptocurrency.

This trend has been hyped by recent successful approvals of Bitcoin and Ethereum ETFs earlier in the year.

This move comes just one week after Ripple CEO Brad Garlinghouse mentioned to Bloomberg that an ETF for the token was “inevitable.

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21Shares Files S-1 With SEC for XRP ETF, Joining Bitwise and Canary Capital in Race for Ripple Investment Product - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Shayan Chowdhury

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 17:49:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23365997

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 20 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "21Shares Files S-1 With SEC for XRP ETF, Joining Bitwise and Canary Capital in Race for Ripple Investment Product" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

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Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 20 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23365997
  • URL: https://beamstart.com/news/21shares-files-s-1-with-17304844491938

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