Company: TOXR
Filing Date: 2025-11-20
Form Type: S-1/A
Source: 0001213900-25-112826
Chunk: 207

Company: 21Shares XRP ETF
Filing Date: 2025-11-20
Form: S-1/A
Chunk 207
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 than could be obtained from equally-qualified unaffiliated third parties; and (C) the           
 maximum period covered by the agreement pursuant to which such Affiliate is to perform services 
 for the Trust shall not exceed one year, and such agreement shall be terminable without penalty 
 upon one hundred twenty (120) days’ prior written notice by the Trust;                          |

| ● | To establish,                                                                             
 maintain, deposit into, and sign checks and/or otherwise draw upon, accounts on behalf of 
 the Trust with appropriate banking and savings institutions;                              |

| ● | To cause                                                                                          
 legal title to any Trust property to be held by or in the name of the Sponsor, or to have         
 any contract entered into in the name of the Sponsor, on such terms as the Sponsor may determine, 
 with the same effect as if such property were held in the name of the Trust or such contract      
 were entered into in the name of the Trust;                                                       |

| ● | To deposit,                                                                                 
 withdraw, pay, retain and distribute the XRP on deposit in the Custody Account and proceeds 
 from the sale of XRP, as well as any other rights of the Trust pursuant to any agreements,  
 other than the Trust Agreement, to which the Trust is a party (the “Trust Estate”)          
 or any portion thereof in any manner consistent with the provisions of the Trust Agreement; |

| ● | To supervise                                                                                   
 the preparation of any offering materials for the Trust (including but not limited to offering 
 memoranda and prospectuses) and supplements and amendments thereto;                            |

| ● | To pay                                                                                   
 or authorize the payment of distributions to the Shareholders and expenses of the Trust; |

| ● | To prepare,                                                                                  
 or cause to be prepared, and file, or cause to be filed, an application to enable the Shares 
 to be traded on any listing exchange or over-the-counter quotation or listing platform as    
 determined by the Sponsor in its sole discretion and to take any other action and execute    
 and deliver any certificates or documents that may be necessary to effectuate such listing;  |

| ● | To appoint                                                                                      
 one or more XRP custodians or other security vendors as the Sponsor deems necessary in its      
 sole discretion, including itself or any Affiliate, to provide for custodian, security services 
 or to determine not to appoint any custodian or other security vendors, and to otherwise        
 take any action with respect to the XRP Custodians or any XRP custodians or other security