21Shares Advances Ondo ETF Proposal Amid Growing Tokenized Asset Offerings

21Shares has submitted an amended S-1 registration statement to the SEC for an Ondo ETF, keeping the proposal alive as regulators continue reviewing tokenization-focused products. Ondo's growing footprint in tokenized stocks, ETFs, and derivatives strengthens its appeal beyond a single-use crypto platform. ONDO's price has steadied after recent swings, with early signs that selling pressure may be easing.