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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.

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