Cboe Moves to List 21Shares XRP ETF Pending Regulatory Approval

The Chicago Board Options Exchange has submitted certification to regulators for the 21Shares XRP exchange-traded fund, with trading to begin upon approval.

XRP

Summary

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Terms & Concepts
  • ETF (exchange-traded fund): An investment fund traded on stock exchanges, holding assets such as stocks, commodities, or cryptocurrencies.
  • XRP: A cryptocurrency associated with the Ripple payment network, designed for fast and low-cost international transactions.
  • Chicago Board Options Exchange (Cboe): A major U.S. options and futures exchange, known for listing various derivatives and financial products.