Overview
- Bitwise filed Amendment No. 4 for its spot XRP ETF, naming the NYSE and a 0.34% fee while removing the delaying amendment viewed as a last pre-launch step.
- Canary Capital stripped delaying language from its S-1, with a launch possible on November 13 pending Nasdaq approval of its 8-A registration.
- Analysts say the auto‑effective route could accelerate approvals and raise the odds of near‑term U.S. spot XRP ETF listings.
- XRP trades around $2.50 after a roughly month-long pullback, yet remains up more than 400% year to date.
- On‑chain and institutional flows indicate renewed accumulation ahead of ETF decisions, with the Nov. 4–5 Swell conference seen as a potential catalyst as Ripple’s bank‑charter and RLUSD plans stay in focus.