CoinShares has filed a registration statement for its proposed spot XRP exchange-traded fund. The firm put forward that crypto exchange Coinbase would be the custodian if it were approved.
This initiative by CoinShares is part of a broader trend among financial firms looking to provide investors with regulated exposure to XRP, especially given the ongoing interest in cryptocurrencies.
CoinShares also filed for a Litecoin ETF at the same time.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.