Breaking News: 21Shares Files for XRP ETF 🚀

21Shares has taken a bold step towards mainstreaming #cryptocurrency investments by filing an S-1 form with the SEC for an XRP Exchange-Traded Fund (ETF). Here's what you need to know:

What is it?

An ETF that tracks the price of XRP, making it easier for investors to gain exposure to this cryptocurrency without directly holding it. 💰

Why it matters:

This could be a game-changer for XRP, potentially leading to increased liquidity and broader acceptance in financial markets. 📈

The Process:

An S-1 filing is the first step in a long approval process with the SEC. 📝

If approved, this #ETF could open the floodgates for more crypto-based ETFs. 🌊

Current Sentiment: There's buzz in the crypto community over this move, with many seeing it as a sign of growing institutional interest in #XRP and other cryptocurrencies. 🗣️

Keep an eye on this space as developments unfold! 🌐