Company: TOXR
Filing Date: 2025-12-08
Form Type: S-1/A
Source: 0001213900-25-118924
Chunk: 241

Company: 21Shares XRP ETF
Filing Date: 2025-12-08
Form: S-1/A
Chunk 241
---
 website is not part of this Prospectus
or the registration statement of which this Prospectus is part. The Trust is subject to the informational requirements of the Exchange Act
and will file certain reports and other information with the SEC under the Exchange Act.

The reports and other information
are available online at www.sec.gov.

<div align='center'>116

PRIVACY POLICY</div>

The Trust and the Sponsor
may collect or have access to certain nonpublic personal information about current and former Shareholders. Nonpublic personal information
may include information received from Shareholders, such as a Shareholder’s name, social security number and address, as well as
information received from brokerage firms about Shareholder holdings and transactions in Shares of the Trust.

The Trust and the Sponsor
do not disclose nonpublic personal information except as required by law or as described in their Privacy Policy. In general, the Trust
and the Sponsor restrict access to the nonpublic personal information they collect about Shareholders to those of their and their affiliates’
employees and service providers who need access to such information 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.

<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