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XRP News Today: XRP ETF Establishes a Regulated Route for Widespread Crypto Adoption

XRP News Today: XRP ETF Establishes a Regulated Route for Widespread Crypto Adoption

Bitget-RWA2025/11/13 01:32
By:Bitget-RWA

- Canary Capital's XRPC ETF becomes first U.S. spot XRP fund under securities law, clearing SEC approval via Form 8-A on November 10, 2025. - Charging 0.50% fees with U.S. Bank/Gemini custodians, the ETF offers direct XRP exposure unlike offshore-linked predecessors, reducing counterparty risks. - XRP surged 10% pre-approval as whales withdrew 10M tokens, while analysts predict $2.70–$3.00 price targets if institutional inflows persist post-launch. - Despite SEC's $125M fine against Ripple, the ETF's regul

Canary Capital’s Spot

ETF, which will be listed on Nasdaq under the ticker "XRPC," has now received its last regulatory green light, representing a significant milestone for Ripple’s token and the wider cryptocurrency sector. The fund, which was automatically approved by the SEC after a Form 8-A submission on November 10, 2025, is expected to start trading as soon as November 13, pending final confirmation, according to a . This move fast-tracks XRP’s entry into mainstream financial markets, joining a growing list of altcoin ETFs that have gained momentum following the end of the government shutdown, as highlighted in a .

Managed by Canary Capital, the ETF comes with a 0.50% management fee—higher than Bitwise’s 0.34%—and is directly linked to the XRP-USD CCIXber Reference Rate Index, as detailed in an

. The fund’s structure involves major partners such as U.S. Bancorp Fund Services (administrator), U.S. Bank (cash custodian), and custodians Gemini Trust and BitGo Trust, according to the same .
XRP News Today: XRP ETF Establishes a Regulated Route for Widespread Crypto Adoption image 0
Unlike earlier XRP investment products that depended on offshore structures, this ETF provides direct access to XRP tokens under U.S. securities regulations, lowering counterparty risk and boosting transparency, as discussed in a .

Market responses have been varied. XRP jumped 10% in the week before the approval, peaking at $2.48 before a slight pullback, according to a

. Analysts link this price action to increasing institutional interest, with the ETF anticipated to enhance liquidity and draw in substantial capital. “This represents a significant regulatory win for Ripple,” said ETF analyst Nate Geraci, drawing comparisons to and ETFs, which each saw $1 billion in trading volume at launch, as noted in a . At the same time, on-chain data shows 216 million XRP withdrawn from exchanges, with large holders reducing their positions by 10 million tokens ahead of the ETF’s debut, as reported in a .

The approval of the XRP ETF is part of a larger trend in the industry. More than nine funds tied to XRP, including Teucrium’s 2x Long Daily XRP ETF and ProShares Ultra XRP ETF, have experienced consistent inflows, according to the

. Other firms such as 21Shares and Franklin Templeton are also preparing to launch spot XRP ETFs, with 21Shares aiming for a November 27 rollout if the SEC does not object, as mentioned in a . This uptick signals growing institutional trust in XRP’s role, especially in cross-border payments, and fits with the regulatory momentum following the government shutdown, as noted in a .

Nonetheless, obstacles persist. The SEC’s recent $125 million penalty against Ripple for unregistered securities sales in 2025 raises concerns about long-term adoption, as reported in a

. Even so, the ETF’s introduction marks a significant shift, providing investors with a regulated way to avoid the complexities of custody and compliance, as highlighted in a . Steven McClurg, CEO of Canary Capital, believes the XRP ETF could surpass Solana’s launch, helped by the resolution of U.S. government shutdown issues, as reported in a .

With XRP trading close to $2.45 and the RSI holding steady at 42.4, the market seems set for increased volatility, as noted in a

. Experts foresee short-term price targets between $2.70 and $3.00 if the ETF continues to attract strong inflows, as mentioned in a . As the crypto market prepares for a possible wave of institutional investment, the success of the XRP ETF could pave the way for wider altcoin adoption, potentially transforming how digital assets are integrated into traditional finance, as noted in a .

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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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