21Shares has inched another step closer to launching its highly anticipated 21Shares XRP ETF (TOXR) after submitting an updated prospectus. The latest amendment arrives just as investor appetite for crypto-focused exchange-traded products is heating up, setting the stage for a potentially big week for XRP market watchers.

Summary

• 21Shares filed an updated prospectus for the 21Shares XRP ETF (TOXR).
• Management fees have been cut from 0.50% to 0.30%.
• The ETF is seeded with 20,000 shares priced at $25 each.
• Investors are eyeing parallels to Solana’s previous rally as anticipation builds.

A Step Closer: What’s New in the Filing?

The newest S-1 amendment marks the fifth update to 21Shares’ filing, bringing the TOXR ETF one step nearer to a potential launch this week. The issuer also opted to reduce its management fee from 0.50% to 0.30%—a welcome tweak in an increasingly competitive ETF landscape. Whether 21Shares will waive fees altogether remains unknown for now, but the rate cut alone signals an attempt to stay ahead in the race.

How We Got Here

The XRP ETF technically became auto-effective last month, but it still needs a CERT filing before it can officially begin trading. The idea behind the product is simple: provide investors with a regulated, traditional-finance route to gain exposure to XRP without dealing with crypto wallets or self-custody complexities.

Instead, the ETF will track the CME CF XRP-Dollar Reference Rate, allowing anyone with a standard brokerage account to access spot XRP performance—essentially the convenience of TradFi with the upside of crypto.

Three Custodians, One ETF

Security and regulatory compliance are front and center. For custody, 21Shares has onboarded:

• Coinbase Custody
• Anchorage Digital Bank
• BitGo Trust

Meanwhile, BNY Mellon will act as the cash custodian, administrator, and transfer agent, and Foreside Global Services will serve as the marketing agent.

According to the December 8 filing, the ETF will hold actual XRP, giving investors direct exposure rather than relying on derivatives or thematic crypto equities.

The ETF Seed: 20,000 Shares

21Shares is seeding TOXR with 20,000 shares at $25 each, totaling roughly $500,000. It’s a modest but strategic start—enough to kick off the fund while signaling confidence without overshooting demand.

For those considering an early position, this could be an interesting entry point, especially if XRP sees momentum similar to Solana’s recent surge in ETF inflows.

XRP ETFs Continue Their Global Streak

XRP ETFs worldwide have been on a roll with 16 consecutive days of net inflows, bringing total assets under management to $923 million.

On Monday alone:

• XRP ETFs pulled in $38 million in net inflows
• Franklin Templeton’s XRPZ accounted for $31.7 million of that
• Bitcoin ETFs saw $60 million in net outflows
• Ethereum ETFs gained $35.49 million
• Solana ETFs lagged with $1.18 million in inflows

Momentum is clearly building behind XRP-focused products, and the launch of TOXR could amplify that trend even further.

Conclusion

21Shares’ updated filing for the XRP ETF is more than a regulatory formality—it’s a strong signal that the launch window is opening. With reduced fees, direct XRP exposure, and heavyweight custodians behind it, TOXR could become a major gateway for traditional investors looking to enter the XRP market.

As crypto ETFs continue gaining traction, XRP’s inclusion in the growing ecosystem underscores the asset’s rising mainstream relevance.

Imagine walking into a Lamborghini dealership and paying for a Huracán with Bitcoin — no bank transfers, no currency conversion, just pure crypto. What once sounded like a sci-fi scenario is now a reality. French fintech innovator Lyzi has teamed up with Lamborghini to bring crypto payments to official dealerships, marking a groundbreaking evolution in luxury car buying.

What This Lamborghini–Lyzi Crypto Integration Means

According to a report from Bitcoin.com, Lyzi’s payment system will allow Lamborghini customers to seamlessly complete transactions using more than just Bitcoin or Ethereum. The platform supports over 80 cryptocurrencies, including major assets like BTC, Tezos (XTZ), and multiple stablecoins. This expansion caters directly to high-net-worth individuals who hold substantial wealth in digital assets and prefer spending without converting to fiat.

Why Luxury Brands Are Embracing Crypto

This collaboration is a strategic win for both the automotive icon and the crypto sector. For Lamborghini, crypto payments open the door to a younger, tech-forward, and globally liquid customer base. For the crypto ecosystem, it’s a powerful real-world validation — proof that digital assets aren’t just speculative tools but can drive major luxury purchases.

The advantages are clear:

For Buyers:
Pay directly with crypto portfolios, avoiding conversion fees while maintaining full financial flexibility.

For Lamborghini:
Attract a worldwide audience, streamline some transaction costs, and reinforce the brand’s reputation at the forefront of innovation.

For Crypto Adoption:
A luxury brand embracing crypto sends a strong message: digital currencies are maturing into a practical, trusted payment method.

How Crypto Payments Work at Lamborghini

While exact technical details remain proprietary, the general flow likely resembles other high-end crypto payment gateways. Customers choose their vehicle, agree on a price, and initiate payment through Lyzi. The platform then handles everything — instant conversion to fiat (if preferred by the dealer), settlement, and volatility management. This ensures a smooth, credit-card-like experience, even with fluctuating cryptocurrencies.

Challenges to Broader Crypto Adoption

Despite the excitement, certain hurdles still remain:

• Regulatory differences across countries affect where the service can launch.
• Crypto price volatility poses accounting challenges, though stablecoins help stabilize values.
• Environmental concerns surrounding some cryptocurrencies may influence brand policies tied to ESG commitments.

Yet, by adopting crypto payments, Lamborghini is actively helping normalize and overcome these challenges — proving that digital assets can coexist with high-value, real-world commerce.

A Glimpse Into the Future of Luxury Purchases

The partnership between Lyzi and Lamborghini isn’t just a novelty — it’s a signal. It demonstrates that crypto infrastructure is now secure, scalable, and refined enough to support multi-hundred-thousand-dollar transactions. This move could spark a broader trend across luxury markets such as real estate, jewelry, fine art, and more.

The message is clear: crypto payments have officially stepped into the world of elite commerce.

Conclusion

Lyzi’s integration with Lamborghini represents a milestone moment in digital finance and luxury retail. It bridges high-performance engineering with the cutting edge of financial technology, making crypto a legitimate tool for acquiring world-class assets. This partnership doesn’t just sell supercars — it accelerates a future where digital currencies power major purchases with confidence and convenience.

Frequently Asked Questions (FAQs)

Q: Which cryptocurrencies can I use to buy a Lamborghini?
Lyzi supports over 80 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tezos (XTZ), and several stablecoins like USDT and USDC.

Q: Will this service be available at all Lamborghini dealerships worldwide?
Not immediately. Rollout depends on regional regulations and each dealership’s adoption timeline.

Q: How does Lamborghini manage crypto price volatility?
Lyzi likely uses real-time conversion or stablecoin settlement to lock in the exact fiat value at the time of purchase.

Q: Is this just a marketing stunt?
No — Lyzi is an established fintech provider. This integration is a strategic business decision to meet evolving customer needs.

Q: What does this mean for everyday crypto holders?
It strengthens mainstream trust in crypto, showcasing that digital assets now have real-world purchasing power beyond trading.

Strive, the publicly traded asset management firm co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, has unveiled an ambitious plan to raise $500 million through a new stock offering. The fresh capital is designed to accelerate the company’s Bitcoin-focused treasury strategy—an approach reminiscent of the playbook popularized by Michael Saylor.

In its Tuesday announcement, Strive noted that proceeds from the raise will be used for broad corporate purposes, including purchasing additional Bitcoin, investing in Bitcoin-related financial products, and bolstering working capital. The company also hinted that some funds may go toward acquiring “income-generating assets,” though it has yet to provide further detail on what those investments might include.

Strive Expands Its Footprint as a Leading Corporate Bitcoin Holder

Strive currently holds 7,525 BTC, worth approximately $694 million at today’s prices, placing it among the top corporate Bitcoin holders globally at rank 14. This push into Bitcoin intensified earlier this year when Strive formally transitioned to a Bitcoin-treasury model following a public reverse merger in May. That momentum continued in September when the firm acquired Semler Scientific—a move that significantly boosted Strive’s scale and positioned the combined entity among the heavyweight Bitcoin-holding corporations.

Since rolling out its first ETF in August 2022, Strive Asset Management has rapidly expanded its product lineup and now manages more than $2 billion in assets. Investor enthusiasm appears to be reflecting that growth. Shares of Strive (ASST) closed 3.6 percent higher at $1.02 on Tuesday, more than doubling in value throughout 2024, according to Google Finance.

Strive Pushes for MSCI to Recognize Bitcoin Treasury Companies

In a related development, CEO Matt Cole has called on global index provider MSCI to give market participants the ability to decide whether companies holding substantial Bitcoin reserves should be included in passive investment indexes. MSCI has been reviewing whether Digital Asset Treasury (DAT) companies—firms with balance sheets comprising more than 50 percent crypto assets—should remain eligible for index inclusion.

Cole’s appeal highlights a broader debate in global finance: how should markets classify and present companies whose treasuries are heavily weighted toward digital assets? The firm’s planned $500 million raise further signals Strive’s determination to increase its Bitcoin exposure while shaping ongoing regulatory and index-policy conversations.

With this move, Strive joins a growing wave of publicly traded companies tapping capital markets to accumulate Bitcoin, reinforcing the cryptocurrency’s rising importance in modern corporate treasury strategies.