XRP Makes History: First U.S. Spot ETF Approved, Trading to Begin on Nasdaq

In a landmark decision for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has approved the first-ever spot XRP exchange-traded fund (ETF). The Canary XRP ETF, set to trade under the ticker 'XRPC' on Nasdaq, is scheduled to commence trading as early as November 13, 2025. This approval marks a significant milestone for XRP, which has seen a 10% price surge following the announcement. The FORM 8-A filing on November 10, 2025, finalized the regulatory process, with the ETF deemed auto-effective. Nasdaq's approval, referencing the trust's October 24 registration, underscores the growing institutional acceptance of digital assets. This development is poised to enhance liquidity and accessibility for XRP, potentially paving the way for further cryptocurrency-based financial products.

Canary XRP ETF Receives SEC Approval, Set to List on Nasdaq

The first U.S. spot XRP exchange-traded fund (ETF) has cleared regulatory hurdles, with trading expected to begin on Nasdaq under the ticker 'XRPC' as early as November 13, 2025. The FORM 8-A filing with the SEC on November 10 marks the final step before launch, with the ETF deemed auto-effective.

Nasdaq has approved the listing, referencing the trust's registration statement filed on October 24, 2025. The news has sparked a 10% surge in XRP's price, now trading at $2.43, alongside a 40% increase in 24-hour trading volume.

Market anticipation is high, with traders closely monitoring XRP's price movements ahead of the ETF's debut. Last-minute regulatory comments remain a potential hurdle.

Canary Capital XRP ETF Nears Nasdaq Listing with SEC Filing

The first spot XRP exchange-traded fund in the U.S. moves closer to reality as Canary Capital files its Form 8-A with the SEC. This critical document registers the ETF's shares for trading on Nasdaq under the ticker XRPC, marking the final regulatory step before launch.

Nasdaq certification is expected by 5:30 PM ET Wednesday, potentially clearing the way for Thursday's market opening debut. Historical precedent suggests swift approval—the firm's HBAR ETF launched one day after a similar filing.

While technical reviews could cause minor delays, the crypto market watches closely. A successful listing would represent a watershed moment for Ripple's XRP, providing institutional investors with regulated exposure to the digital asset.

XRP Price Prediction: Wall Street-Ready ETFs Emerge as Government Shutdown Ends

The imminent launch of XRP-linked exchange-traded funds (ETFs) signals a pivotal moment for the cryptocurrency, as regulatory hurdles fade and institutional interest grows. With the U.S. government shutdown resolved, funds from Canary Capital, Bitwise, CoinShares, and Franklin Templeton are poised to debut on the DTCC platform, offering spot exposure to XRP.

ETF expert Nate Geraci anticipates listings within weeks, potentially unlocking billions in retail and institutional capital. Market observers draw parallels to Solana's ETF-driven surge, suggesting XRP could follow a similar trajectory. The token faces resistance at $2.50, but a breakout toward $4 appears plausible if ETF inflows materialize as expected.

Crypto Lawyer John Deaton Enters 2026 Senate Race with Reform Agenda

John Deaton, a prominent figure in the crypto community, has announced his candidacy for the 2026 Senate race. Known for his advocacy in the Ripple Labs case against the SEC, Deaton has built a reputation as a vocal critic of federal regulatory overreach. His previous campaign in 2024, which focused heavily on crypto rights, ended in a loss to Senator Elizabeth Warren by a significant margin in Massachusetts—a state with a strong Democratic lean.

This time, Deaton is pivoting to a broader reform platform, emphasizing government accountability, transparency, and economic equity. His campaign website highlights issues like supporting working families, combating inflation, and improving veterans' services. Notably, crypto is no longer the centerpiece of his agenda, reflecting a strategic shift from his 2024 bid.

The crypto industry, which once rallied behind Deaton as a defender against harsh regulations, now faces a different landscape. Regulatory clarity has improved, and the sector is less embattled than during his last run. Whether this recalibrated message resonates in a challenging political environment remains to be seen.