ONDO Token Gains Momentum with ETF Filing
ONDO, teh native cryptocurrency of Ondo Finance, is attracting new attention. This excitement comes from a recent ETF filing. On July 22,2025,21Shares submitted an S-1 registration with the U.S. Securities and Exchange Commission. This move could boost ONDO’s visibility and value.
21Shares,a leading asset manager,aims to create an ETF for ONDO. An ETF is like a basket of assets that trades like a stock. This filing could make it easier for investors to buy and sell ONDO. It’s a big deal for the decentralized finance (DeFi) world.
What does this mean for ONDO? It could become more accessible to everyday investors. An ETF makes it simpler to invest in ONDO without dealing with complex crypto exchanges.
Here are the key points:
- ONDO is part of Ondo Finance, a DeFi platform.
- 21Shares filed an S-1 registration for an ONDO ETF.
- This could make ONDO more accessible to investors.
For more details,check the SEC website.