Company: TOXR
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001213900-25-098141
Chunk: 227

Company: 21Shares XRP ETF
Filing Date: 2025-10-10
Form: S-1/A
Chunk 227
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Trust Act.

“ECASH Act”: The Electronic Currency
and Secure Hardware Act.

“ERISA”: Employee Retirement Income Security Act of 1974.

“Exchange”: Cboe BZX Exchange, Inc.

“Exchange Act”: The Securities
Exchange Act of 1934, as amended.

“Expenses”: Any and all losses,
claims, taxes, damages, reasonable expenses, and liabilities (including liabilities under State or federal securities laws) of any kind
and nature whatsoever.

“FASB”: Financial Accounting Standards
Board.

“FDIC”: Federal Deposit Insurance
Corporation.

“Financing Fee”: Interest rates
on Trade Credits.

“FinCEN”: The Financial Crimes Enforcement Network.

“FINRA”: Financial Industry Regulatory
Authority, formerly the National Association of Securities Dealers.

“FIT for the 21 Century
Act”: Financial Innovation and Technology for the 21 Century Act.

“FTX”: FTX Trading Ltd.

“GAAP”: U.S. generally accepted
accounting principles.

“Genesis”: Genesis Global Capital,
LLC.

“HSMs”: Hardware Security Modules.

“ICO”: An initial coin offering.

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

“IIV”: Intraday indicative value.

“Incidental Rights”: Rights to
acquire, or otherwise establish dominion and control over, any virtual currency or other asset or right, which rights are incident to
the Trust’s ownership of XRP and arise without any action of the Trust, or of the Sponsor on behalf of the Trust.

“Indemnified Person”: The Trustee or any officer, affiliate,
director, employee, or agent of the Trustee.

“Initial Seed Creation Baskets”: Initial seed creation
baskets comprising of [●] Shares.

“Initial Seed Creation Investor”: [●].

“Indirect Participants”: Banks, brokers,
dealers and trust companies that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly.

“IRAs”: Individual retirement accounts.

“IRS”: U.S. Internal Revenue
Service.

“IR Virtual Currency”: Virtual currency
tokens, or other assets or rights, acquired by the Trust through the exercise (subject to the applicable provisions of the Trust Agreement)
of any Incidental Right.

“JOBS Act”: Jumpstart Our Business
Startups Act of 2012.

“KYT”: Know-Your-Transaction.

“Lender”: Coinbase Credit, Inc.

“Liquidating Trustee”: Such person
as the