Company: TOXR
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001213900-25-098141
Chunk: 201

Company: 21Shares XRP ETF
Filing Date: 2025-10-10
Form: S-1/A
Chunk 201
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 the Trust 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 Trust                                          
 Estate or any portion thereof in any manner consistent with the provisions of this 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 Custodian 
 or any XRP custodians or other security vendors to safeguard the Trust Estate;                                                             |

| ● | In the sole and absolute discretion of the Sponsor, to admit      
 an Affiliate or Affiliates of the Sponsor as additional Sponsors; |

| ● | Delegate those of its duties hereunder as it shall determine                                                                                
 from time to time