Spot XRP ETF Debut Expected Within Days as Issuers Lock In Launch Details
Procedural lapses at the SEC during the shutdown have opened a near-term approval window.
Overview
- ETF analyst Nate Geraci says the first U.S. spot XRP fund could begin trading within days to two weeks.
- Canary Capital’s amended filing points to a November 13 launch target, while Bitwise set a 0.34% fee and plans to list on NYSE Arca.
- Multiple applications are positioned for potential automatic effectiveness after the SEC missed key deadlines during the government shutdown.
- XRP slipped roughly 3–4% to about $2.42 as trading volumes jumped sharply, reflecting positioning ahead of a possible approval.
- The dismissal of the SEC’s case against Ripple earlier this year cleared a major hurdle, with issuers including Grayscale, 21Shares, CoinShares and WisdomTree updating filings.