Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Canary Capital Sets November 13 Launch for XRP Spot ETF

Canary Capital Sets November 13 Launch for XRP Spot ETF

CoinomediaCoinomedia2025/10/31 06:30
By:Isolde VerneIsolde Verne

Canary Capital removes delay clause in updated S-1 filing, confirming XRP Spot ETF launch on November 13.XRP Spot ETF Nears Launch with New S-1 FilingWhy Removing the ‘Delaying Amendment’ MattersGrowing Institutional Interest in XRP

  • Canary Capital files updated S-1 for XRP Spot ETF
  • Delaying amendment removed to allow auto-registration
  • Launch date officially set for November 13

XRP Spot ETF Nears Launch with New S-1 Filing

In a major development for XRP and the broader crypto market , Canary Capital has submitted an updated S-1 filing for its XRP Spot ETF, removing the “delaying amendment” that previously postponed its approval. This move allows the registration to go into effect automatically, with a confirmed launch date of November 13.

This filing is a strategic signal that Canary Capital is confident about the regulatory pathway and market readiness for an XRP-based exchange-traded fund. It also reflects growing momentum in the crypto ETF space following the rise of Bitcoin ETF filings earlier this year.

Why Removing the ‘Delaying Amendment’ Matters

By removing the delaying amendment, Canary Capital is effectively telling the SEC it no longer seeks to pause or slow down the registration process. This procedural change allows the ETF to go live automatically, barring any last-minute regulatory objections.

Such a step is typically taken when the issuer believes all compliance requirements are met, and market conditions are favorable for launch. It also accelerates the ETF’s path to market, giving investors access to XRP through traditional brokerage accounts starting mid-November.

🚨 LATEST: Canary Capital files updated S-1 for its $XRP spot ETF, removing the “delaying amendment” to enable auto-effective registration with launch date set for November 13. pic.twitter.com/8o4mXF4yD9

— Cointelegraph (@Cointelegraph) October 31, 2025

Growing Institutional Interest in XRP

The XRP Spot ETF represents a significant milestone for both Ripple and institutional investors interested in gaining regulated exposure to the asset. XRP has long been one of the top digital assets by market cap, but it has faced hurdles due to regulatory scrutiny and ongoing litigation with the SEC.

Now, with this ETF set to go live, it signals a broader acceptance of XRP within traditional finance. If successful, it could open the door for more altcoin ETFs

Read Also:

  • Bitmine Buys 44K ETH Worth $166M Amid Market Dip
  • Senator Questions Binance Over Trump Crypto Move
  • MicroStrategy Reports $2.8B Q3 Profit, Bitcoin Soars
  • Jamie Dimon Admits Crypto Is Real & Here to Stay
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Are Bitcoin Futures Indicating a Market Bottom or a Potential Trap for Investors?

- Rare Bitcoin futures signal emerges as open interest drops below $8B and funding rates turn negative, sparking debate about a potential market bottom. - Derivatives experts note this rare alignment of metrics historically precedes crypto market consolidation or reversals, but caution against over-interpretation. - On-chain data shows whale accumulation rising 12% in a month, contrasting with broader market weakness and weak Bitcoin fundamentals. - Analysts warn macroeconomic factors like inflation could

Bitget-RWA2025/11/17 18:02

Druckenmiller’s $77 Million Investment Sparks Momentum in Blockchain Lending, Analysts Raise Their Projections

- Billionaire Stanley Druckenmiller's $77M investment in Figure (FIGR) triggered a 15% stock surge, signaling institutional confidence in its blockchain lending model. - Analysts raised price targets to $55-$56 after Q3 results showed 70% YoY loan growth to $2.5B and 55.4% EBITDA margins, surpassing estimates by 40-200%. - Figure's AI-driven capital-light model and RWA tokenization (e.g., $YLDS stablecoin) are highlighted as growth catalysts, with 60% of loans now via its Connect platform. - Institutional

Bitget-RWA2025/11/17 18:02

Solana Latest Updates: VanEck's Collaboration on a Staked Solana ETF Reflects Growing Institutional Trust in Blockchain's Prospects

- VanEck partners with SOL Strategies for staking in its new Solana ETF (VSOL), enhancing institutional blockchain integration. - SOL Strategies' ISO-certified validators secure $437M+ in assets, chosen for operational expertise and institutional focus. - VSOL offers staking rewards with fee waivers until $1B AUM, reflecting growing demand for Solana-based funds like Bitwise's BSOL. - VanEck's $5.2B digital asset portfolio expands with VSOL, though staking risks and regulatory uncertainties remain for inve

Bitget-RWA2025/11/17 18:02
Solana Latest Updates: VanEck's Collaboration on a Staked Solana ETF Reflects Growing Institutional Trust in Blockchain's Prospects