Company: TOXR
Filing Date: 2025-12-08
Form Type: S-1/A
Source: 0001213900-25-118924
Chunk: 217

Company: 21Shares XRP ETF
Filing Date: 2025-12-08
Form: S-1/A
Chunk 217
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 as executive officers of the Sponsor, a Delaware limited liability company, perform certain functions with respect to
the Trust that, if the Trust had directors or executive officers, would typically be performed by them.

Russell Barlow is CEO of the
Sponsor, Duncan Moir is President of the Sponsor, Edel Bashir is Chief Operating Officer of the Sponsor and Andres Valencia is the Sponsor’s
Executive Vice President of Investment Management.

Mr. Russell Barlow,
51, has been the Chief Executive Officer of the Sponsor since March 1, 2025, contributing more than 25 years of expertise in regulated
asset management. Previously, Russell was the Global Head of Multi Asset and Alternative Investment Solutions and Global Head of Alternative
Investment Solutions at abrdn plc, a global investment company (“abrdn”). Over the course of his career, he has designed,
launched and managed a wide range of investment products. Additionally, Russell has held a position as a Non-Executive Director at Archax,
the UK’s first FCA-regulated digital asset exchange.

Mr. Duncan Moir,
40, has been the President of the Sponsor since March 1, 2025, with deep expertise in digital asset and blockchain strategy. Previously,
Duncan was a Senior Investment Manager at abrdn. He is an independent board member of Hedera Hashgraph LLC and an advisor to Web3 companies.
A University of Strathclyde graduate with a BA (Hons) in Economics, he is also a CFA and CAIA charterholder.

Ms. Edel Bashir,
46, has been the Chief Operating Officer of the Sponsor since March 1, 2025, with over 20 years of experience in asset management. Previously,
Edel was the COO of Multi Asset and Alternative Investment Solutions, COO of Alternatives and a Senior Investment Manager at abrdn. Her
expertise includes operation strategy, portfolio management, and hedge fund research. A graduate of University of College Cork, Ireland
with a BSc in Finance, she has held senior roles across Bermuda, Dublin and Boston.

Mr. Andres Valencia,
37, is the Executive Vice President of Investment Management at the Sponsor and a member of the Executive Committee. Before Andres joined
in June 2021, he was a VP of Operations at JPMorgan as part of the Beta Strategies Group and helped launch and build the company’s
ETF business. Andres has over ten years of experience managing ETFs. Andres started his career in Asset Servicing