CBOE Certifies 21Shares XRP ETF Listing Under Ticker 'TOXR' as Inflows Near $1 Billion

Source: CoinEdition Original Title: CBOE Certifies 21Shares XRP ETF Listing Under Ticker ‘TOXR’ as Inflows Near $1 Billion Original Link: Institutional access to XRP is accelerating rapidly as CBOE BZX Exchange moves to list the 21Shares XRP ETF, cementing the asset’s status as the next major crypto ETF success story after Bitcoin and Ethereum.

In a filing submitted Wednesday, December 10, 2025, CBOE Senior Analyst Bianca Stodden notified the Securities and Exchange Commission (SEC) that the exchange has approved the listing and registration of the fund shares under the ticker TOXR, pending official notice of issuance.

Ripple Markets Seeds the Fund with $226M

By filing with the SEC, CBOE confirms its readiness to list XRP ETF shares under the ticker TOXR once the commission approves its request.

The process will provide exposure for the product, which is backed by 100 million XRP worth approximately $226 million from Ripple markets.

Competitive Structure: 0.30% Fee and Custody

It is worth noting that the CBOE-certified product is the fifth XRP product currently approved in the U.S. market, boosting the assets under this category to nearly $1 billion.

The new product tracks XRP’s price with a considerably low 0.30% fee, with a major compliance platform and BitGo representing the major custodians amid strong demand from institutional and everyday investors.

Fifth U.S. XRP ETF Pushes Category Toward $1 Billion

CBOE’s certification makes the 21Shares product the fifth XRP ETF approved in the United States, joining existing vehicles from Canary Capital, Grayscale, Bitwise, and Franklin Templeton. Together, these funds have accumulated more than $954 million in net inflows as of December 10, 2025.

Across the group, XRP ETFs now record about $24.53 million in daily value traded and $939.46 million in net assets, equal to roughly 0.75% of XRP’s total market capitalization. With the 21Shares fund coming online, the category is on track to cross the $1 billion inflow threshold within a short window if current demand persists.

Market watchers see the CBOE listing as another step in building diversified, regulated channels for XRP exposure, especially for investors who prefer holding the asset inside brokerage and retirement accounts rather than on crypto exchanges.