21Shares Files for Spot ETF Tied to Ondo Finance’s Native Token

21Shares Fund Adoption Ondo The proposed “21Shares Ondo Trust” will hold ONDO tokens directly and follow the CME CF Ondo Finance-Dollar Reference Rate. Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has... Author Profile Share Copied Last updated: July 23, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Exchange-traded fund provider 21Shares is pushing further into the tokenized finance sector, filing with U.S. regulators for a spot ETF that tracks the native token of Ondo Finance. Key Takeaways: 21Shares has filed for a spot ETF that would directly hold ONDO. Ondo is building out institutional-focused tokenization infrastructure. Tokenized real-world assets are on the rise, with $25B now on-chain. According to a preliminary prospectus submitted to the Securities and Exchange Commission on Tuesday, the proposed “21Shares Ondo Trust” will hold ONDO tokens directly and follow the CME CF Ondo Finance-Dollar Reference Rate. Coinbase will act as custodian of the tokens. The fund is designed to be a passive investment vehicle, with no leverage or active speculation. Shares can be created or redeemed in cash or in-kind. ONDO Powers Layer-1... https://cryptonews.com/news/21shares-files-for-spot-etf-tied-to-ondo-finances-native-token/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple