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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 and track the CME CF Ondo Finance-Dollar Reference Rate.
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