ONDO price rallies on 21Shares’ ETF filing and major exchange listing

• The altcoin has rallied following 21Shares’ ETF filing with the SEC.
• The application indicates increasing institutional interest in RWA tokens.
• Binance US has listed ONDO, fueling its upside momentum.

Ondo Finance’s native coin signals imminent breakouts despite the broad market cool down, fueled by two key developments.

First and foremost, asset manager 21Shares has filed with the US SEC to launch an ONDO exchange-traded fund (ETF).

Secondly, Binance US confirmed listing the altcoin, with trading starting today, July 23.

ONDO soared from the daily low of $1.0583 to $1.1642, a 10% increase, as the bullish news sparked bullish momentum.

ONDO is at the center of Ondo Finance’s goal of bringing traditional assets on-chain.

With interest in real-world asset (RWA) platforms skyrocketing, 21Shares and Binance US’ moves could not be better as retail and institutional investors seek Ondo exposure.

The crypto has witnessed a surge in institutional appetite, with giants like BlackRock showing interest.

MasterCard tapped Ondo Finance as its first RWA provider, while Ripple leveraged the blockchain to launch OUSG on its XRPL.

21Shares files to launch ONDO ETF

21Shares increases Ondo’s institutional appeal with the latest ETF application.

JUST IN: 21SHARES FILES FOR $ONDO ETF WITH U.S. SEC

— The Wolf Of All Streets (@scottmelker) July 22, 2025

The move confirms that traditional finance (TradiFi) is targeting the tokenization sector seriously.

Moreover, seeking SEC authorization underscores the asset manager’s commitment to compliance and innovation in the tokenized sector of RWAs and DeFi.

This is more than another cryptocurrency product.

Ondo Finance remains at the core of the current trend of bringing real-world assets like US Treasuries, credit instruments, and bonds on-chain.

Last week, Ondo Finance collaborated with BNB Chain to introduce tokenized equities in the United States.

21Shares’ proposed exchange-traded fund would offer cryptocurrency enthusiasts exposure to ONDO via licensed platforms, without brokerage sites.

Binance US lists ONDO

A leading crypto exchange in the United States, Binance US, confirmed listing Ondo Finance’s token on its trading platform.

It opened deposits on the Ethereum (ETH) blockchain yesterday, with ONDO/USDT trading set to start today.

The official announcement read:

We’re excited to announce that ONDO is now listed on Binance.US! Deposits for ONDO on the Ethereum network are now open. Trading for ONDO/USDT will begin tomorrow, July 23, 2025, at 4 a.m. / 7 a.m. EDT.

Deposits for $ONDO are now open on https://t.co/AZwoBOgsqS!

Trading on the ONDO/USDT pair will begin on July 23 at 7 a.m. EDT.@OndoFoundation is a project that brings institutional-grade financial products onchain by tokenizing real-world assets.https://t.co/oTqaNwyhtO pic.twitter.com/QM5nJpn5hK

— Binance.US 🇺🇸 (@BinanceUS) July 22, 2025

The listing is vital as it makes the ONDO token accessible to the massive American retail audience.

Moreover, listing on leading exchanges often acts as a Launchpad for many tokens.

More US citizens can now trade ONDO without depending on overseas platforms or decentralized exchanges.

ONDO price outlook

Ondo Finance’s native coin attracted attention amidst the optimistic developments.

It trades at $1.11 after a brief correction from daily highs.

Meanwhile, the surging 24-hour trading volume highlights renewed interest in the RWA token, hinting at continued uptrend.

Technical indicators support the short-term momentum shift.

For example, the MACD on the 3H chart displays green histograms after a bullish crossover, signaling a buyer comeback.

Also, the Chaikin Money Flow shows increased ONDO accumulation over the past week.

Such trends indicate trust in the token’s near-term performance.

Ondo Finance bull target the late January price levels above $1.60.

Overcoming this level could catalyze smooth gains to the psychological level at $2.