XRP ETF Launch Nears: Canary Capital Targets November Debut Amid Regulatory Momentum

2025-10-31 09:02:53

XRP ETF prospects are brightening as Canary Capital advances its spot ETF filing, removing key delays to aim for a November launch, reflecting surging institutional interest in Ripple’s token.

Canary Capital’s ETF Push: Updated S-1 Filing

Canary Capital has submitted an updated S-1 registration for its XRP spot ETF, eliminating the “delaying amendment” that allows automatic effectiveness after 20 days. This positions the ETF for potential Nasdaq trading as early as November, pending Form 8-A approval. The move follows recent launches of Solana, Litecoin, and Hedera ETFs, showcasing regulatory progress in altcoin products.

Filing Update: Delaying amendment removed; 20-day auto-effective period.
Launch Timeline: Potential Nasdaq debut in November.
Custodians: Gemini Trust and BitGo for secure XRP holdings.

Recent ETF Launches: Solana, Litecoin, and Hedera Milestone

The approvals for Solana, Litecoin, and Hedera ETFs mark a wave of altcoin innovation, with Bitwise’s Solana Staking ETF hitting $223 million AUM on day one and 7% yields. This momentum, coupled with $1.49 billion in BTC/ETH inflows over three days, underscores growing demand for diversified crypto exposure.

XRP ETF Momentum: $100M AUM in First Month

The XRPR ETF crossed $100 million in assets within its first month, highlighting robust institutional appetite for XRP’s utility in cross-border payments and DeFi. This success, amid 17 pending ETF decisions, signals a $5-10 billion inflow potential for XRP products, per Steven McClurg of Canary Capital.

2025 XRP Price Prediction: $3-$5 Consensus

Analysts forecast XRP at $3-$5 by year-end. Changelly sees $3.08-$3.51; CoinDCX $3.30. Finder eyes $6.10; Ventureburn $5 on deregulation. Bull catalysts: ETF approvals and partnerships; bear risks: tariffs testing $2.00 support.

For users, how to buy XRP via compliant platforms ensures entry. How to sell XRP and how to cash out XRP offer liquidity. Sell XRP for cash and convert XRP to cash enable fiat conversions.

Trading Strategy: Breakout Plays

Short-term: Long above $2.55 targeting $3.00, stops at $2.30 (10% risk). Swing: Accumulate dips, staking for 5% APY. Watch $2.80 breakout; below $2.30, exit.

In summary, Canary Capital’s XRP ETF filing and recent launches signal regulatory tailwinds, positioning XRP for a robust 2025 rally.

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