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: Bitcoin’s Puell Multiple Approaches 0.50 Mark, Fueling Optimism Amid Ongoing Doubts About Market Structure

- Bitcoin's Puell Multiple nears 0.50, historically signaling price cycle bottoms since 2015, sparking market speculation. - Bitcoin Munari's $0.22 token launch on Solana highlights hybrid blockchain strategies, aligning with evolving regulatory frameworks. - Institutional demand for Bitcoin yield strategies grows as Anchorage Digital reports rising interest in collateralized products. - Fed policy shifts and exchange promotions like Bitget's Black Friday campaign reflect crypto's macroeconomic and competi

Bitget-RWA2025/11/27 02:12
Bitcoin News Today: Bitcoin’s Puell Multiple Approaches 0.50 Mark, Fueling Optimism Amid Ongoing Doubts About Market Structure

Premeditated Concealment? Bubblemaps Alleges Edel Engaged in Token Sniping

- Blockchain firm Bubblemaps accuses Edel Finance of sniping 30% of EDEL tokens via 160 linked wallets during its Nov 12 launch, using bot-driven tactics and layered wallet structures to obscure the acquisition. - Edel co-founder James Sherborne denies the claims, stating 60% of tokens were lawfully locked in vesting contracts as disclosed, while criticizing Bubblemaps' analysis as a "Hayden Davis defense" referencing memecoin controversies. - EDEL's market cap has plummeted 62% to $14.9 million amid erodi

Bitget-RWA2025/11/27 02:12
Premeditated Concealment? Bubblemaps Alleges Edel Engaged in Token Sniping

Naver’s $13.8B Fintech Powerhouse Debuts on Nasdaq Amid Regulatory Challenges

- Naver Financial's $10.3B acquisition of Dunamu (Upbit) creates a $13.8B fintech entity to unify crypto and digital finance services. - CEO Choi Soo-yeon clarifies no Nasdaq listing decisions have been finalized due to regulatory uncertainties and market volatility. - The merger aims to strengthen South Korea's fintech landscape but faces scrutiny from domestic and U.S. regulators over crypto compliance. - Naver prioritizes domestic stability and stablecoin projects over aggressive international expansion

Bitget-RWA2025/11/27 02:12
Naver’s $13.8B Fintech Powerhouse Debuts on Nasdaq Amid Regulatory Challenges