Company: TOXR
Filing Date: 2025-08-22
Form Type: S-1/A
Source: 0001213900-25-079981
Chunk: 218

Company: 21Shares XRP ETF
Filing Date: 2025-08-22
Form: S-1/A
Chunk 218
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 to provide products and services to Shareholders.

The Trust and the Sponsor maintain
safeguards that comply with federal law to protect Shareholders’ nonpublic personal information. These safeguards are reasonably
designed to (1) ensure the security and confidentiality of Shareholders’ records and information, (2) protect against
any anticipated threats or hazards to the security or integrity of Shareholders’ records and information, and (3) protect against
unauthorized access to or use of Shareholders’ records or information that could result in substantial harm or inconvenience to
any Shareholder.

Third-party service providers
with whom the Trust and the Sponsor share nonpublic personal information about Shareholders must agree to follow appropriate standards
of security and confidentiality, which includes safeguarding such nonpublic personal information physically, electronically and procedurally.

A copy of the Sponsor’s
current Privacy Policy, which is applicable to the Trust, is provided to Shareholders annually and is also available at https://21shares.com/en-US/privacy-policy.
The website address is only provided here as a convenience to you and the information contained on or connected to the website is not
part of this Prospectus or the registration statement of which this Prospectus is part.

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21Shares XRP ETF

Financial Statements

[To be provided by amendment.]

F-1

APPENDIX A

GLOSSARY OF DEFINED TERMS</div>

In this Prospectus, each of the following terms
have the meanings set forth after such term:

“1933 Act”: The Securities Act of 1933.

“1940 Act”: Investment Company Act of 1940.

“2022 Events”: Collectively, a
reference to the following events: In the first half of 2022, Celsius Network, Voyager Digital Ltd., and Three Arrows Capital declaring
bankruptcy; In November 2022, FTX halted customer withdrawals after corroborated rumors involving liquidity issues and likely insolvency;
the resignation of FTX’s CEO and many of its affiliates filing for bankruptcy in the United States and abroad following which the
U.S. Department of Justice brought criminal fraud and other charges; the SEC and CFTC bringing civil securities and commodities fraud
charges against certain of FTX’s and its affiliates’ senior executives, including its former CEO, who was found guilty of
these criminal charges; and, several other entities in the digital asset industry filed for bankruptcy following FTX’s bankruptcy
filing, such as BlockFi Inc. and Gensis Global Capital