21Shares Core Xrp Trust
TOXR
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Anthony Dufault
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 477 Madison Avenue, 6Th Floor New York NY United States of America 10022
- IPO Date
- Dec 11, 2025
- CIK
- 0002028835
- Website
- 21shares.com
- Similar Companies
- Business
- 21Shares Core XRP Trust (ticker: TOXR) operates as a spot exchange-traded fund providing investors with direct exposure to XRP, a digital asset designed for fast, low-cost cross-border payments on the decentralized XRP Ledger; the Trust tracks the performance of XRP as measured by the CME CF XRP-Dollar Reference Rate—New York Variant, adjusted for expenses and liabilities, through physical holdings of XRP held in custody by Coinbase Custody, Anchorage Digital Bank, and BitGo Trust, with BNY Mellon serving as cash custodian, administrator, and transfer agent, and Foreside Global Services as marketing agent. The Trust targets institutional and retail investors seeking regulated access to XRP without direct cryptocurrency ownership or wallet management, operating in the cryptocurrency investment segment with shares trading on the Cboe BZX Exchange. Incorporated in Delaware with principal offices at 477 Madison Avenue, 6th Floor, New York, NY 10022, the Trust—formerly known as 21Shares Core XRP Trust through November 2024—filed its initial S-1 registration in late 2024, followed by multiple amendments culminating in SEC auto-effectiveness via Form 8-A and Cboe listing approval in November 2025. In recent developments, the Trust launched trading under TOXR in December 2025 as the fifth U.S. spot XRP ETF, following prospectus updates including a reduced management fee structure to enhance competitiveness amid growing institutional adoption of XRP-powered payment solutions. This launch aligns with broader ecosystem momentum, including integrations tested by financial institutions such as Santander, Bank of America, and SBI Holdings, and the introduction of USD-backed stablecoin RLUSD on the XRP Ledger.