PANews reported on December 17 that according to Phoenix News, 21Shares XRP Trust has been registered in Delaware, USA, with the registered name "21Shares XRP Trust". The entity was established on June 3, 2024 and is a statutory trust. The registered agent is CSC Delaware Trust Company, located in Wilmington, Delaware.

As previously reported, 21Shares has submitted an S-1 application and plans to launch the first XRP ETF "21Shares Core XRP Trust " .