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XRP News Today: SEC Greenlights XRP ETF, Opening Doors for Institutional Investment in Crypto

XRP News Today: SEC Greenlights XRP ETF, Opening Doors for Institutional Investment in Crypto

Bitget-RWA2025/11/12 07:02
By:Bitget-RWA

- SEC approved Canary Capital’s XRP ETF (XRPC), enabling institutional access to Ripple’s token via Nasdaq listing effective November 10, 2025. - XRP surged 10% to $2.48 post-approval, with 40% 24-hour volume growth, as the ETF tracks spot prices via CCIXber index and 0.50% fees. - Ripple’s 2025 SEC settlement and XRP’s cross-border utility validation, plus Gemini/BitGo custodial support, highlight regulatory compliance and institutional confidence. - 21Shares and Franklin Templeton are refining XRP ETF ap

The green light from the U.S. Securities and Exchange Commission for

has sparked renewed enthusiasm throughout the crypto sector, representing a significant milestone for Ripple’s asset. The spot XRP ETF, which will trade on Nasdaq under the symbol XRPC, officially took effect on November 10, 2025, after an automatic approval by the SEC, according to a . This move enables traditional investors to participate in XRP’s price action without the need to directly hold the digital asset, as explained in an .
XRP News Today: SEC Greenlights XRP ETF, Opening Doors for Institutional Investment in Crypto image 0
The ETF’s introduction has already resulted in a 10% jump in XRP’s value, reaching $2.48, with trading activity climbing 40% in just one day, as highlighted by a .

Canary Capital’s XRP ETF is designed to closely follow the spot price of the token using the XRP-USD CCIXber Reference Rate Index, ensuring accurate price reflection, as

. The fund’s management fee stands at 0.50%, which is a bit higher than Bitwise’s 0.34% but remains competitive among new XRP ETFs, according to an . Key collaborators include Gemini Trust and BitGo Trust for custody, U.S. Bancorp Fund Services for administration, and Paralel Distributors LLC for distribution, as detailed in a . This setup highlights the fund’s emphasis on openness and regulatory adherence, both crucial for attracting institutional investors.

This approval comes after years of regulatory challenges for Ripple, which resolved its dispute with the SEC in July 2025. Experts see the XRP ETF as confirmation of XRP’s role in global payments and a driver for greater institutional participation. ETF specialist Nate Geraci described the approval as “a major victory for Ripple and crypto holders,” pointing to a more favorable regulatory climate in the U.S., as

. Canary Capital CEO Steven McClurg drew comparisons to Solana’s ETF launch, suggesting XRP could attract similar investment flows, as .

The competition for XRP ETFs is heating up. 21Shares has submitted a Section 8(a) amendment for its own XRP ETF, initiating a 20-day review by the SEC, as noted in a

. Other major players like Franklin Templeton and Grayscale are also updating their filings, reflecting rising institutional interest, according to the . On the international stage, funds such as Rex-Osprey have already amassed $114.6 million in assets, showing strong demand outside the U.S., as the mentioned.

XRP’s recent market activity highlights the impact of these developments. Although the token is still trading below its 50-day and 200-day moving averages, derivatives data points to growing

. Open interest in XRP futures increased by 3% on CME and 12% on Binance in a single session, as reported by a . While analysts warn that regulatory clarity alone may not sustain the rally, the ETF’s launch addresses key issues like custody and compliance, which could help stabilize XRP’s historically unpredictable price, as observed.

With the XRPC ticker set to debut on Nasdaq, the digital asset community is watching intently. The performance of the XRP ETF could pave the way for similar altcoin funds, broadening investment options in the crypto space. With nine XRP-related ETFs now in progress—including leveraged and inverse products—Ripple’s token is on track to solidify its place in mainstream finance, as the

pointed out.

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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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