TL;DR:
- Canary Capital removes SEC clause, clearing way for XRP ETF launch on November 13.
- The ETF offers spot price exposure without direct XRP custody.
- Analysts predict renewed market interest as institutional participation rises.
Canary Capital has officially removed the SEC delay clause from its spot XRP ETF filing, paving the way for a highly anticipated launch on November 13. The decision marks a historic step toward expanding the scope of digital asset investment products and could set a new precedent for crypto-based exchange-traded funds in the United States.
🚨SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing.
This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P
— Eleanor Terrett (@EleanorTerrett) October 30, 2025
Regulatory shift accelerates XRP ETF momentum
The elimination of the SEC clause clears the final regulatory hurdle for Canary Capital’s XRP ETF to go live next month. According to the updated filing, the fund has completed all required compliance steps, including custody arrangements and market maker partnerships, ensuring readiness for trading. The move comes amid growing institutional demand for regulated crypto exposure and follows similar momentum seen in Bitcoin and Ethereum ETFs earlier this year.
The fund aims to offer investors direct exposure to XRP’s spot price without requiring custody of the token itself. Analysts expect the launch to boost liquidity for XRP and attract both retail and institutional investors looking for transparent access to digital assets. The ETF will be traded under the ticker “XRPF,” with Nasdaq expected to host the initial listing on the same day it launches.
Interesting.. Altho XRP docs didn’t have the same comments back-and-forth with the SEC that Solana had. That was one reason issuers was felt they were ready. But hey, worth a try I guess. https://t.co/SqaQx6kuiA
— Eric Balchunas (@EricBalchunas) October 30, 2025
Market analysts have responded with cautious optimism, suggesting that the launch could reignite XRP’s momentum after months of stagnation. Some forecast that approval of the spot XRP ETF could mirror the positive impact Bitcoin ETFs had earlier in 2025, potentially driving capital inflows and renewed price action. Others, however, warn that investor enthusiasm may depend heavily on short-term volume performance and broader regulatory sentiment surrounding crypto assets.
If successful, Canary Capital’s XRP ETF could open doors for future altcoin-based products, deepening crypto’s integration into mainstream finance. With the removal of the SEC clause, November 13 may represent not just a milestone for XRP, but for the evolving relationship between digital assets and traditional capital markets.
