Altcoins News

Story: XRP ETF Coming November 13 After Canary Capital Removes Final Roadblocks

By Steven Anderson

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Canary Capital Paves the Way for XRP ETF. Following the successful debut of its Solana (SOL) and HBAR ETFs earlier this week, Canary Capital…

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SEC Commissioner Backs Auto-Effective Path. In a notable show of support, SEC Commissioner Paul S.

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Ripple’s Growing Institutional Momentum. The upcoming XRP ETF could further strengthen Ripple’s presence on Wall Street, especially after…

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Billion-Dollar Inflows Expected. Bitwise CIO Matt Hougan believes the XRP ETF could quickly attract massive institutional inflows.

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XRP ETF Competition Heats Up. Currently, around 20 XRP ETF applications are under SEC review, according to data shared by Eric…

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Market Expectations Ahead of Launch. Crypto traders are already preparing for heightened volatility around XRP’s price as November 13…

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Asset manager Canary Capital has taken a major step toward launching the first spot XRP ETF, submitting an updated S-1 filing to the U.S. Securities and Exchange Commission (SEC).

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Following the successful debut of its Solana (SOL) and HBAR ETFs earlier this week, Canary Capital is applying the same fast-track approach to its XRP ETF.

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The removal of the delaying amendment means the XRP ETF can now move forward automatically unless the SEC intervenes.

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However, the timing could still be impacted by the ongoing U.S. government shutdown. If the SEC completes its review without further objections, the ETF could debut even sooner…

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In a notable show of support, SEC Commissioner Paul S. Atkins recently voiced approval for companies taking the auto-effective route during the shutdown, saying it provides a…

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Bloomberg’s senior ETF strategist Eric Balchunas commented that while the XRP ETF filings did not receive the same level of back-and-forth with regulators as Solana’s, the filing…

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The upcoming XRP ETF could further strengthen Ripple’s presence on Wall Street, especially after the Rex-Osprey XRP ETF made headlines earlier this quarter.

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Analysts believe Canary’s ETF could amplify this trend. With institutional adoption accelerating and legal clarity around Ripple improving, XRP’s market profile is gaining…

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He explained that while mainstream crypto sentiment often overlooks XRP, its dedicated global investor community — known as the “XRP Army” — could play a decisive role in driving…

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