Company: TOXR
Filing Date: 2025-11-20
Form Type: S-1/A
Source: 0001213900-25-112826
Chunk: 238

Company: 21Shares XRP ETF
Filing Date: 2025-11-20
Form: S-1/A
Chunk 238
---
 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.

<div align='center'>117</div>

21Shares XRP ETF

Financial Statements for the periods from January 1, 2025
through August 31, 2025,

December 20, 2024 (Commencement of Operations) through
December 31, 2024

and Report of Independent Registered Public Accounting
Firm

<div align='center'>F-1</div>

21Shares XRP ETF

TABLE OF CONTENTS

| Report of Independent Registered Public Accounting Firm                                                                             
 Financial                                                                                                                           
 Statements for the period from January 1, 2025 through August 31, 2025 and for the period from December 20, 2024 (commencement of   
 operations) through December 31, 2024                                                                                               
 Statements of Assets and Liabilities at August 31, 2025                                                                             
 and December 31, 2024                                                                                                               | Pages      
 F-3        
 F-4        |
|:------------------------------------------------------------------------------------------------------------------------------------|:-----------|
| Statements of Operations for the period from January                                                                                
 1, 2025 through August 31, 2025 and for the period from December 20, 2024 (commencement of operations) through December 31, 2024    | F-5        |
| Statements of Changes in Net Assets for the period from                                                                             
 January 1, 2025 through August 31, 2025 and for the period from December 20, 2024 (commencement of operations) through December 31, 
 2024                                                                                                                                | F-6        |
| Schedules of Investment at August 31, 2025 and December                                                                             
 31,