XRP Spot ETF Filed by 21Shares With SEC, Opens 20-Day Review

Bloomberg ETF analyst Eric Balchunas tweeted that 21Shares has filed a new 8(a) form with the U.S. SEC to pursue a XRP spot ETF. The move signals a regulatory step toward listing a cryptocurrency fund that would directly track XRP‘s price.

The filing triggers a standard 20-day review period under SEC procedures, during which the agency evaluates disclosures, fund structure, and investor protections before any potential approval.

If approved, the XRP spot ETF would broaden regulated crypto access, offering investors a transparently priced vehicle with custody and compliance aligned to traditional markets.

Market participants will watch for updates from 21Shares, the SEC‘s formal comments, and the 20-day clock’s end date for clarity on potential launch timelines.