21Shares has registered with the U.S. Securities and Exchange Commission (SEC) a new exchange traded fund (ETF) tracking the Ondo token (ONDO). This proposed 21Shares Ondo Trust will own ONDO directly and the underlying goal is to replicate the dollar value of ONDO without leverage or derivatives. The ETF will use Coinbase Custody for safekeeping
The post Breaking: 21Shares Files For Ondo ETF, ONDO Price Spikes appeared first on CoinGape.
Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.