Canary Capital Aims for November 13 Launch of XRP ETF Following SEC Filing Update

xrp etf

Summary: Canary Capital Group plans to launch its proposed XRP spot ETF on November 13, 2025, following a recent update to its SEC filing. This move removes a prior amendment that delayed the registration, allowing for a quicker approval process.

Key Takeaways

Canary Capital Group has submitted an updated S-1 registration for its XRP spot ETF.
The removal of a delaying amendment potentially allows the ETF to launch on November 13.
The timing of the launch may change depending on the SEC's review process.
Recent government reopening and regulatory activities suggest momentum for more crypto ETF approvals.
Several new digital asset ETFs have recently been listed by major exchanges, indicating an evolving market landscape.

Canary Capital's XRP ETF Set for November Debut

Canary Capital Group is gearing up for the launch of its proposed XRP spot ETF, aiming for a potential debut on November 13, 2025. This follows the company's submission of an updated S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The update has removed a delaying amendment that had previously inhibited the registration from becoming automatically effective, thereby granting the SEC complete authority over the timing of the launch.

In a post by journalist Eleanor Terrett on X, it was noted that this strategic change positions the ETF favorably for a launch on November 13, provided that Nasdaq concludes its review of the necessary Form 8-A filing. However, it’s important to acknowledge that the launch date could still change based on SEC actions—if the filing receives swift approval, the launch could happen sooner; conversely, it may be delayed if the SEC issues additional comments.

🚨SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing.

This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P — Eleanor Terrett (@EleanorTerrett) October 30, 2025

As governmental operations resume and regulatory activities pick up speed, there appears to be increasing momentum toward a broader acceptance of crypto spot ETFs. Over the last week, both the New York Stock Exchange and Nasdaq have advanced plans to list several new digital-asset ETFs. This includes offerings like the Bitwise Solana ETF, Canary Capital's Litecoin ETF, Canary HBAR ETF, and the Grayscale Solana ETF.

The timing of these new listings is particularly significant. The SEC has been functioning with a reduced staff due to the government shutdown, yet issuers have been able to navigate this landscape using recently established listing standards or by leveraging mechanisms such as the 20-day auto-effective rule to sidestep traditional approval delays. This approach seems to be clearing the path for Canary Capital's proposed XRP Spot ETF as well.