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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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Quick staking, earn potential new tokens
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Alpha Points
NEW
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Futures Points
NEW
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
Dual Investment
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Soft Staking
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0 Fees
Pledge one crypto to borrow another
Lending Center
One-Stop Lending Hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
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BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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21Shares submitted an application for a spot XRP ETF to the SEC.
On November 8, Eric Balchunas of Bloomberg reported that 21Shares had submitted Form 8-A to the SEC, initiating a 20-day review process for the XRP spot ETF. This is an important step in 21Shares' expansion strategy in the American market under the leadership of Hany Rashwan and Ophelia Snyder.
If approved, this ETF could change how institutional investors approach XRP, making this digital currency easier to trade in traditional finance. In the past, similar reviews of Bitcoin ETFs often led to significant increases in trading volume and price. As of November 8, XRP was trading at $2.33, with a market cap of $139.88 billion and a 24-hour volume of $5.97 billion, up 5.06%. Approval could strengthen XRP's position among institutional investors.