21Shares Builds XRP Case Around Utility, ETFs, and Fixed Supply
21Shares has outlined its investment case for XRP, focusing on four key pillars: regulatory clarity, institutional access, measurable utility, and fixed supply. The asset manager's research suggests that these factors will drive the value of XRP as blockchain settlement reaches greater scale.
The company notes that the SEC's dismissal of appeals in August 2025 marked a significant development for XRP, providing regulatory certainty after nearly five years of litigation between Ripple Labs and the SEC. This clarity is seen as essential to the asset's prospects.
21Shares also highlights the growth of U.S. spot XRP exchange-traded funds (ETFs), which have attracted over $1.70 billion in net inflows since November 2025. However, the firm cautions that growing adoption may not directly translate into sustained demand for XRP.