Company: TOXR
Filing Date: 2025-11-07
Form Type: S-1/A
Source: 0001213900-25-107665
Chunk: 0

Company: 21Shares XRP ETF
Filing Date: 2025-11-07
Form: S-1/A
Chunk 0
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<div align='center'>As filed with the Securities and Exchange Commission on November 7, 2025</div>

Registration No. 333-282942

<div align='center'>UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Amendment No. 3

to

FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

21SHARES XRP ETF

(Exact name of registrant as specified in its charter)</div>

| Delaware                       |     |                         6221 |     | 33-6479139            |
| (State or other jurisdiction   
 of                             
 incorporation or organization) |     | -Primary Standard Industrial 
   Classification Code Number |     | -I.R.S. Employer      
 Identification Number |

<div align='center'>477 Madison Avenue, 6 thFloor
New York, New York 10022
(646) 370-6016
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

21Shares US LLC
Russell Barlow
477 Madison Avenue, 6 thFloor
New York, New York 10022
(646) 370-6016
(Address, including zip code, and telephone number, including area code, of agent for service)

Copy to:

Allison M. Fumai, Esq.

Anna Tomczyk, Esq.

Neel Maitra, Esq.

Dechert LLP
1095 Avenue of the Americas
New York, New York 10036
(212) 698-3526</div>

Approximate date of commencement of proposed sale to the public:As soon as practicable after the effective date of this Registration
Statement.

If any of the securities being
registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933
check the following box: ☒

If this Form is filed to register
additional securities for an offering pursuant to Rule 462(b) under the Securities Act of 1933, please check the
following box and list the Securities Act of 1933 registration statement number of the earlier effective registration statement
for the same offering: ☐

If this Form is a post-effective
amendment filed pursuant to Rule 462(c) under the Securities Act of 1933, check the following box and list the Securities