21Shares XRP ETP

21Shares XRP ETP is an exchange-traded product that provides investors with direct access to XRP, the digital asset associated with the Ripple blockchain. The primary function of this ETP is to allow investors to gain exposure to the price movements of XRP without the need to directly purchase and store the cryptocurrency themselves. Notably, the 21Shares XRP ETP is traded on regulated exchanges, such as the SIX Swiss Exchange, offering transparency, security, and ease of access within traditional financial markets. This product comes into prominence as the digital asset market grows, aiming to bridge the gap between digital currencies and conventional investing platforms, thereby broadening the pool of potential investors interested in the cryptocurrency sector. By offering this product, 21Shares plays a significant role in integrating crypto assets into mainstream investment portfolios.