XRP Update (@XrpUdate) highlighted a development that adds momentum to the rapidly growing market for XRP investment products. In a recent post, he revealed that the 21Shares spot XRP ETF will begin trading on November 29.
This news arrived during a period of heightened attention on institutional products linked to XRP. Traders continue to watch inflow data, competitive filings, and new listings as large issuers move quickly to secure positions in this growing market.
BREAKING: The 21Shares $XRP Spot ETF (ticker: TOXR) has received official approval and is set to begin trading on, November 29.
This marks another major milestone in expanding institutional access to $XRP. pic.twitter.com/9PIvvFjxgV
— XRP Update (@XrpUdate) November 26, 2025
A New Entry From 21Shares
The 21Shares XRP ETF will trade under the ticker “TOXR.” It will join the list of recently approved spot XRP ETFs, further expanding the market. The product holds real XRP rather than futures or swaps. This structure gives investors the means to track XRP price movements without handling digital assets.
21Shares has experience with crypto ETFs and plans to expand its lineup through this new launch. Interest in XRP ETFs has grown in recent weeks. More investors want access to XRP without using cryptocurrency exchanges. Spot ETFs give them that option.
The Growing ETF Market
The approval enables the company to enter a fast-growing group of issuers. Firms like Franklin Templeton, Bitwise, Canary Capital, and more have seen very successful ETF launches. These show the sector is fast-growing. The competition between issuers also offers investors more choices, encouraging a competitive market.
Inflows into these funds have been strong. Investors showed interest in these vehicles because they provide access without direct interaction with the crypto market. They offer clear reporting, third-party custody, and standard trading hours.
These factors open the door for new classes of investors who may not join crypto exchanges but still want exposure to the asset. Many experts also believe these products could impact XRP’s price.
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What TOXR Could Mean for XRP’s Price
The inflow has caught the attention of analysts. Spot ETFs add demand for real XRP because issuers must buy tokens when they create new shares. If inflows remain high, supply on exchanges can tighten. That can affect price conditions when the buying continues for long periods.
The launch of TOXR adds another source of demand. Investors familiar with 21Shares may choose this product because they already use the firm’s other offerings. Strong volumes following the debut could pull more capital into XRP. Analysts will watch how the market responds when TOXR begins trading on November 29.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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