CBOE Approves Listing of 21Shares XRP ETF

The U.S.-based derivatives and securities exchange grants registration for 21Shares’ exchange-traded fund tracking XRP performance.

XRP

Summary

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Terms & Concepts
  • CBOE (Chicago Board Options Exchange): A major U.S. exchange for options, derivatives, and securities, also facilitating ETF listings.
  • ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges, holding assets such as stocks, commodities, or cryptocurrencies.
  • XRP: A cryptocurrency developed by Ripple Labs, designed for fast and cost-efficient cross-border transactions.