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XRP ETF Moves Closer To Reality As 21Shares Files S-1 With SEC

Bitcoinist LogoBitcoinist12h ago

XRP ETF Moves Closer To Reality As 21Shares Files S-1 With SEC - Bitcoinist

Quick Summary:

On Friday, crypto asset manager 21Shares filed an S-1 registration form for a spot XRP ETF with the US Securities and Exchange Commission (SEC) to establish the 21Shares Core XRP Trust.

However, the path to approval for the XRP ETF is fraught with uncertainty.

At the time of writing, XRP was trading at $0.52, up more than 2% following the announcement of the new filing.

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XRP ETF Moves Closer To Reality As 21Shares Files S-1 With SEC - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 17:02:57 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 335 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23365826

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "XRP ETF Moves Closer To Reality As 21Shares Files S-1 With SEC" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

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  • URL: https://beamstart.com/news/xrp-etf-moves-closer-to-17304826253521

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