#CryptoClarityAct Buy ondo now. 21Shares files with SEC for spot ONDO ETF :

21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance.
Exchange-traded fund issuer 21Shares has filed with US regulators for a product tracking the spot price of Ondo, the native token of the decentralized finance protocol Ondo Finance.

21Shares submitted a preliminary prospectus with the Securities and Exchange Commission for the “21Shares Ondo Trust” on Tuesday, which aims to directly hold Ondo

ONDO

$1.04

tokens and track performance via the CME CF Ondo Finance-Dollar Reference Rate. Coinbase will provide custody of the tokens.

It will be a passive investment vehicle with no speculation or leverage. Authorized participants can create or redeem shares in cash or in-kind.