Company: TOXR
Filing Date: 2025-11-07
Form Type: S-1/A
Source: 0001213900-25-107665
Chunk: 266

Company: 21Shares XRP ETF
Filing Date: 2025-11-07
Form: S-1/A
Chunk 266
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 be part of and included in the registration statement as of the earlier of the date such             
 form of prospectus is first used after effectiveness or the date of the first contract of            
 sale of securities in the offering described in the prospectus. As provided in Rule 430B,            
 for liability purposes of the issuer and any person that is at that date an underwriter,             
 such date shall be deemed to be a new effective date of the registration statement relating          
 to the securities in the registration statement to which that prospectus relates, and the            
 offering of such securities at that time shall be deemed to be the initial bona fide offering        
 thereof. Provided, however, that no statement made in a registration statement or prospectus         
 that is part of the registration statement or made in a document incorporated or deemed incorporated 
 by reference into the registration statement or prospectus that is part of the registration          
 statement will, as to a purchaser with a time of contract of sale prior to such effective            
 date, supersede or modify any statement that was made in the registration statement or prospectus    
 that was part of the registration statement or made in any such document immediately prior           
 to such effective date; or                                                                           |

| (ii) | If the registrant                                                                                    
 is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as                            
 part of a registration statement relating to an offering, other than registration statements         
 relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A,                      
 shall be deemed to be part of and included in the registration statement as of the date it           
 is first used after effectiveness. Provided, however, that no statement made in a registration       
 statement or prospectus that is part of the registration statement or made in a document             
 incorporated or deemed incorporated by reference into the registration statement or prospectus       
 that is part of the registration statement will, as to a purchaser with a time of contract           
 of sale prior to such first use, supersede or modify any statement that was made in the registration 
 statement or prospectus that was part of the registration statement or made in any such document     
 immediately prior to such date of first use.                                                         |

<div align='center'>II-3</div>

| (5) | That, for the                                                                       
 purpose of determining liability of the registrant under the Securities Act of 1933 
 to any purchaser in the initial distribution of the securities:                     |

The undersigned registrant undertakes
that in a primary