21Shares files amended spot Ondo (ONDO) ETF registration statement…seeks Nasdaq listing
Summary
- 21Shares said it has submitted an amended S-1 registration statement to the U.S. SEC to launch a spot Ondo (ONDO) ETF.
- It said the product name was changed to “21Shares Ondo ETF” and Nasdaq was specified as the intended listing venue.
- It added BitGo as a custodian to implement a dual-custody structure, and noted that Ondo has recently been drawing attention as an RWA project.
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Digital-asset (cryptocurrency) exchange-traded product (ETP) manager 21Shares has filed an amended registration statement for the launch of a spot exchange-traded fund (ETF) tied to Ondo (ONDO).
According to CryptoPolitan, a digital-asset news outlet, on the 7th, cryptocurrency ETP manager 21Shares submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) to launch a spot ETF tracking Ondo’s price. The product, previously named the “21Shares Ondo Trust,” was renamed the “21Shares Ondo ETF,” and Nasdaq was specified as the intended listing venue.
The filing is a follow-up step to the initial application submitted in July last year. The amendment includes language that clearly shifts the product structure from a trust to an ETF format. The industry is interpreting this as a signal that the Ondo spot ETF has moved into a formal review phase.
The custody framework was also strengthened. In addition to Coinbase, the previous custodian, BitGo was added, applying a dual-custodian structure. The aim is to bolster spot-asset custody and operational stability.
Meanwhile, Ondo is an RWA project that tokenizes traditional financial assets such as U.S. Treasuries on a blockchain, and it has recently been in the spotlight amid the broader expansion of tokenized securities and on-chain financial infrastructure.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
