Which XRP ETFs received approval?

TLDR

Recent approval: the Cboe BZX Exchange cleared the 21Shares XRP ETF (TOXR) to list and begin trading once final filings are complete, per an exchange listing notice. See the Cboe approval.

1. Active U.S. spot XRP ETFs already include Canary Capital (XRPC), Grayscale (GXRP), Bitwise, Franklin Templeton (XRPZ), and REX?Osprey (XRPR), per a recent roundup on Wall Street XRP ETFs.
2. Combined inflows are near $1 billion since launch, with a streak of net inflows and no outflow days, per a market update on ETF inflows.

Deep Dive

1. 21Shares TOXR Listing

The newest approval is the Cboe BZX listing for 21Shares XRP ETF (TOXR), which allows trading once the final SEC registration steps are complete, as noted in the notice above.

• The fund tracks the CME CF XRP?Dollar Reference Rate, has a 0.30% sponsor fee, and uses multiple custodians (Coinbase Custody, Anchorage Digital Bank, BitGo). Ripple Markets seeded it with 100 million XRP, supporting in?kind creations and redemptions, per a detailed brief on the fund structure.
• The listing approval is an exchange step; trading typically begins after the issuers S?1/A clears normal procedural status, as outlined in the Cboe approval coverage.

2. Funds Already Approved and Trading

Several spot XRP ETFs are already live in U.S. markets: Canary Capital (XRPC), Grayscale (GXRP), Bitwises XRP fund, Franklin Templeton (XRPZ), and REX?Osprey (XRPR), per a fund tracker on Wall Street XRP ETFs.

• The roundup highlights assets under management and trading prices, showing broad uptake across issuers and tickers.
• Bitwises product is active alongside the others, though tickers may vary by venue and filing cycle; consult the notice above for the latest listing specifics on new entrants.

3. Flows and Market Implications

Since launch, XRP ETFs have seen sustained demand with roughly $954 million in inflows over the first weeks and no outflow days, indicating persistent allocation interest, per an inflow summary on ETF momentum.

• Broad ETF inflows can tighten liquid supply if creations pull from circulating XRP, potentially affecting price liquidity over time, as noted in the report above.
• Short?term price action may still diverge from flows due to broader market volatility and retail participation cycles.

Conclusion

Approval to list 21Shares TOXR on Cboe adds another regulated XRP ETF to a field that already includes Canary Capital, Grayscale, Bitwise, Franklin Templeton, and REX?Osprey. The near?$1 billion inflow streak suggests durable institutional demand. Watch final listings and AUM growth as indicators of liquidity and price impacts over time.