Canary XRP ETF Set to Launch on Nov 13: SEC Delay Clause Dropped

Canary XRP Spot ETF Set for November 13 Launch Following Key Filing Update Canary Capital is on track to make a major splash in the cryptocurrency investment ￰0￱ to Fox journalist Eleanor Terrett, the firm has filed an updated S-1 for its XRP spot ETF, removing a critical “delaying amendment” that previously gave the ￰1￱ and Exchange Commission (SEC) control over the fund’s registration ￰2￱ strategic move clears a significant regulatory hurdle and positions the Canary XRP ETF for a potential launch on November 13, pending Nasdaq approval of its 8-A ￰3￱ removal of the delaying amendment is widely seen as a decisive step toward accelerated market entry.

Previously, the amendment allowed the SEC to control when the registration would go into effect, creating uncertainty and delaying launch ￰4￱ this clause eliminated, the fund’s registration can proceed automatically, streamlining the process and giving investors and market watchers a concrete date to ￰5￱ timing is significant as XRP sees rising institutional interest, driven by major accumulation. A spot ETF offers a regulated, direct way to invest, likely boosting both retail and institutional ￰6￱ Canary XRP ETF could be a milestone for integrating digital assets into traditional ￰7￱ crypto ETFs have long faced SEC scrutiny over market manipulation and ￰8￱ Capital’s updated filing demonstrates regulatory confidence, potentially paving the way for future crypto ￰9￱ investor sentiment around XRP is building on key technical levels, with the confirmed launch date acting as a potential ￰10￱ approval remains the final regulatory hurdle, and anticipation could drive heightened demand and trading activity ahead of November 13.

Meanwhile, in a landmark for crypto investing, REX-Osprey™, the REX Shares and Osprey Funds partnership, launched the first U. S.-listed ETFs offering direct spot exposure to XRP on September ￰11￱ Canary Capital’s updated S-1 removes the SEC delay clause, clearing the path for a regulated XRP spot ￰12￱ Nasdaq approval, November 13 could mark a milestone for investors, offering seamless, compliant access to XRP and advancing crypto’s integration into traditional markets.