Company: TOXR
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001213900-25-098141
Chunk: 226

Company: 21Shares XRP ETF
Filing Date: 2025-10-10
Form: S-1/A
Chunk 226
---
 Exchange or the New York Stock Exchange is closed for regular trading.

“Cash Custodian”: [●]

“Cash Custody Agreement”: An agreement
entered into with the Trust and the Cash custodian stating that the Cash Custodian will establish and maintain cash account(s) for the
trust, and, upon instructions from the Sponsor acting on behalf of the Trust, facilitate cash transfers and cash payments from the Trust’s
account(s).

“CBDCs”: Central Bank Digital
Currencies.

“CDS”: Cross-Domain Security.

“CEA”:
Commodity Exchange Act of 1936, as amended.

“CFPB”: The Consumer Financial
Protection Bureau.

“CF Member”: A member of the CME CF Oversight Committee
who is a representative of the Benchmark Provider.

“CFTC”: Commodity Futures Trading
Commission, an independent agency with the mandate to regulate commodity futures and options in the United States.

“CME”: Chicago Mercantile Exchange.

“CME Members”: Members of the
CME CF Oversight Committee who are representatives of CME.

“CME CF Oversight Committee”: The governing oversight
body of the Pricing Benchmark.

“Code”: Internal Revenue Code of 1986,
as amended.

“Coinbase”: Coinbase Custody Trust
Company, LLC.

“Coinbase Custody”: Coinbase Custody
Trust Company, LLC.

“Coinbase Insureds”: Coinbase
Global and its subsidiaries.

“Coinbase Global”: Coinbase Global,
Inc.

<div align='center'>A-2</div>

“Cold Vault Balance”: The substantial
portion of the private keys associated with the Trust’s dost kept by the XRP Custodian in “cold storage” or similarly
secure technology.

“Connected Trading Venue”: Third-party
exchanges or other trading venues (including the trading venue operated by the Prime Broker).

“Constituent Exchanges”: An aggregation
of executed trade flow of major XRP trading platforms.

“Creation Basket Deposit”: The
total deposit required to create each Basket.

“Custody Rule”: Rule 206(4)-2
under the Advisers Act.

“DeFi”: Decentralized finance.

“DFPI”: California Department of Financial Protection
and Innovation.

“DTC”: The Depository Trust Company.
DTC will act as the securities depository for the Shares.

“DTC Participant”: An entity that
has an account with DTC.

“DOL”: U.S. Department of
Labor.

“DSTA”: The Delaware Statutory