First U.S. Spot XRP ETF Could Launch Today (Nov 13, 2025), Analysts Predict
- Why Is Everyone Talking About the XRP ETF Today?
- Nasdaq’s Approval: What Does It Really Mean?
- The XRP ETF Launch Timeline: Who’s Next?
- Political Wildcards and Historical Precedents
- Market Impact: Why XRP’s 2% Pump Is Just the Start
- FAQ: Your XRP ETF Cheat Sheet
The crypto world is buzzing as Nasdaq greenlights Canary Capital’s XRP spot ETF (XRPC), with analysts like Bloomberg’s Eric Balchunas hinting at a potential same-day trading debut. Franklin Templeton, Bitwise, and others are queued up for mid-to-late November launches, while XRP prices already jumped 2% on the news. But hold your horses—SEC’s final nod is still pending, and history shows crypto ETFs often face last-minute drama.
Why Is Everyone Talking About the XRP ETF Today?
Picture this: It’s November 13, 2025, and Nasdaq just dropped a bombshell by approving Canary Capital’s XRP spot ETF for listing. The filing? A FORM 8-A 12(b) that’s drier than week-old toast, but the implications are juicy. Bloomberg’s ETF whisperer Eric Balchunas tweeted that the "effective date" notice suggests trading could start as early as today—if the SEC plays ball. Meanwhile, XRP pumped 2% in 24 hours, proving traders are betting big on this institutional gateway.
Source: CoinTribune
Nasdaq’s Approval: What Does It Really Mean?
Before you liquidate your dogecoin for XRP, let’s decode Nasdaq’s move. Their approval is like a bouncer checking your ID—it confirms you’re on the list, but the SEC still holds the velvet rope. Financial commentator Nate Geraci spotted Canary’s ETF website going live, a classic "soon™" signal in crypto circles. But here’s the kicker: The SEC hasn’t rubber-stamped the final prospectus. Remember 2024’s Bitcoin ETF saga? Exactly. Nasdaq’s nod is procedural, not a trading guarantee.
The XRP ETF Launch Timeline: Who’s Next?
Paul Barron’s crystal ball predicts a domino effect:
| Issuer | Projected Launch | Management Fee |
|---|---|---|
| Canary | Nov 13 | 0.50% |
| Franklin Templeton | Nov 14-18 | TBD |
| Bitwise | Nov 19-20 | 0.34% (lowest!) |
| 21Shares & CoinShares | Nov 20-22 | TBD |
| Grayscale | Late Nov | 0.35% |
| WisdomTree | Late Nov | TBD |
Fun fact: These players are chasing a slice of the $1.5 trillion institutional pie Barron flagged. BTCC analysts note XRP’s RSI just hit 62—not quite overbought, but definitely doing the cha-cha toward euphoria.
Political Wildcards and Historical Precedents
Timing’s everything. This ETF push comes days after President Trump ended the longest U.S. government shutdown ever—coincidence or calculated? Past crypto ETFs (looking at you, Bitcoin and Ether) typically launched within 24 hours of SEC approval. More recent Solana and Litecoin ETFs followed streamlined processes, suggesting regulators might be warming up to crypto’s quirks. Still, as any degens who lived through 2023’s false starts know: Never count your ETFs before they hatch.
Market Impact: Why XRP’s 2% Pump Is Just the Start
CoinMarketCap data shows XRP trading at $0.62, up 2.3% since yesterday. But here’s what’s wild: Open interest on BTCC’s XRP futures jumped 18%. That’s Wall Street’s version of lining up outside a sneaker drop. If history repeats, we could see:
- Short-term volatility (traders front-running the news)
- Liquidity spikes (remember Bitcoin ETF’s $4.6B debut day?)
- Potential "sell the news" dip post-launch
This article does not constitute investment advice.
FAQ: Your XRP ETF Cheat Sheet
What’s the difference between a spot and futures XRP ETF?
Spot ETFs hold actual XRP tokens (like Canary’s), while futures ETFs bet on contracts. Spot = direct price exposure.
Why does the SEC delay crypto ETF approvals?
Regulators worry about market manipulation—remember when one whale moved XRP’s price 20% in 2022? Good times.
How do XRP ETF fees compare to Bitcoin ETFs?
Bitwise’s 0.34% undercuts most bitcoin ETFs (0.5-1.5%). Crypto’s getting cheaper for boomers!
