Company: TOXR
Filing Date: 2025-11-20
Form Type: S-1/A
Source: 0001213900-25-112826
Chunk: 236

Company: 21Shares XRP ETF
Filing Date: 2025-11-20
Form: S-1/A
Chunk 236
---
 only on the information contained in this Prospectus or any applicable
prospectus supplement. Neither the Trust nor the Sponsor has authorized any person to provide
you with different information and, if anyone provides you with different or inconsistent
information, you should not rely on it. This Prospectus is not an offer to sell the Shares
in any jurisdiction where the offer or sale of the Shares is not permitted.

The information contained
in this Prospectus was obtained from us and other sources we believe to be reliable.

You should disregard anything
we said in an earlier document that is inconsistent with what is included in this Prospectus or any applicable prospectus supplement.
Where the context requires, when we refer to this “Prospectus,” we are referring to this Prospectus and (if applicable) the
relevant prospectus supplement.

You should not assume that
the information in this Prospectus or any applicable prospectus supplement is current as of any date other than the date on the front
page of this Prospectus or the date on the front page of any applicable prospectus supplement.

We include cross references
in this Prospectus to captions in these materials where you can find further related discussions. The table of contents tells you where
to find these captions.

<div align='center'>SUMMARY OF PROMOTIONAL AND SALES MATERIAL</div>

The Trust expects to use the
following sales material it has prepared:

| ● | the Sponsor’s                  
 website, www.21shares.com; and |

| ● | the Trust                                  
 Fact Sheet found on the Sponsor’s website. |

The materials described above
are not a part of this Prospectus or the registration statement of which this Prospectus is a part.

<div align='center'>INTELLECTUAL PROPERTY</div>

The Sponsor owns trademark
registrations for the Trust. The Sponsor relies upon these trademarks through which it markets its services and strives to build and
maintain brand recognition in the market and among current and potential investors. So long as the Sponsor continues to use these trademarks
to identify its services, without challenge from any third party, and properly maintains and renews the trademark registrations under
applicable laws, rules and regulations, it will continue to have indefinite protection for these trademarks under current laws, rules
and regulations.

The Sponsor also owns trademark
registrations for the Sponsor. The Sponsor relies upon these trademarks through which it markets its services and strives to build and
maintain brand recognition in the market and among current and potential investors. So long as the Sponsor continues to