21Shares Seeks Approval For First Spot ONDO ETF

Description

Ondo Finance is back in the spotlight after a major development in the institutional investment landscape. 21Shares, a prominent issuer of crypto exchange-traded products (ETPs), has submitted a preliminary application to the US Securities and Exchange Commission (SEC) for a spot ETF that would track the performance of ONDO, the native token of the decentralized finance platform. This move marks a significant step toward mainstream exposure for the protocol and its token, signaling growing insti...