21Shares has submitted a draft 8(A) form to the U.S. SEC regarding the launch of a proposed XRP spot ETF. This submission represents a significant step in the company’s efforts to introduce an exchange-traded fund focused on XRP. The 8(A) form is a critical regulatory document that outlines the details of the proposed ETF and seeks approval from the SEC. By filing this form, 21Shares aims to comply with U.S. regulations and move forward with its plans for the ETF. The proposed XRP spot ETF could provide investors with a new way to gain exposure to XRP through a regulated investment vehicle.
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