Crypto
21Shares XRP ETF Switches to FTSE Pricing on August 27
The 21Shares XRP ETF (TOXR) will switch to FTSE pricing on August 27, 2026. The fund will use the FTSE XRP Index to calculate its net asset value (NAV), replacing the CME CF XRP, Dollar Reference Rate, New York Variant.
This change affects not only TOXR but also six other U.S. single-asset ETFs in the 21Shares suite. The fund's structure remains unchanged, with a total of around $150 million in assets under management (AUM).
The decision to switch to FTSE pricing is part of a broader effort by 21Shares to standardize its benchmarks globally. This move follows the conversion of core BTC, ETH, and SOL ETPs to FTSE Russell benchmarks in March 2026.