21Shares Files With SEC for Spot Ondo Crypto ETF

Crypto asset manager 21Shares has submitted a Form S-1 registration statement to the U.S. Securities and Exchange Commission seeking approval for the 21Shares Ondo Trust, an exchange-traded fund that would hold the ONDO token.

If cleared, the product would give U.S. investors exchange-listed exposure to Ondo’s digital asset without requiring direct token custody, expanding the roster of cryptocurrency-based ETFs now under review by regulators.

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