- Today, Canary Capital’s XRPC, the first XRP ETF in the USA, comes onto the market.
- Six more XRP ETFs are expected to follow in the next twelve days.
The first US XRP spot ETF, XRPC, is scheduled to launch on Nasdaq today, November 13, 2025, after receiving the green light yesterday.
Additionally, six additional XRP ETFs will launch on Nasdaq, NYSE and CBOE in the next twelve days. The high number of XRP ETFs demonstrates the high institutional demand for regulated crypto assets, particularly for indirect exposure to Ripple.
Canary Capital’s XRP ETF launches today
After approval by Nasdaq wrote Eric Balchunas, ETF-Analyst bei Bloomberg:
“The official listing notice for XRPC has arrived from Nasdaq. It looks like the starting signal is being fired today.”
Market entry at the end of the US government shutdown
The crypto investor has elected to undergo the automatic registration process with the SEC pursuant to Section 8a of the Securities Act of 1933. It triggers a 20-day automatic approval period unless the SEC expressly objects.
There has been uncertainty over the approval of altcoin ETFs amid the longest government shutdown in US history. The shutdown, which lasted 43 days, ended yesterday when the House of Representatives voted in favor of it. The shutdown led to the forced shutdown of several government agencies, including the SEC.
With the shutdown ending, Nasdaq Regulation filed a formal certification with the SEC on November 12th confirming listing approval for Canary Capital’s XRP exchange-traded fund. Since the letter was signed by Eun Ah Choi to clear the final regulatory hurdle, the commencement of trading from today is assured.
This enhances XRP as an asset in FradFi and now finally practically ends the years of regulatory uncertainty surrounding Ripple and its native token.
There are more coming this monthether XRP-ETFs
In addition to Canary Capital’s XRPC, six other major XRP funds will launch in the next 12 days. These ETFs include those filed by investment giants such as Franklin Templeton, Bitwise, 21Shares, CoinShares, WisdomTree and Grayscale.
This is a historic moment for the US crypto market. These XRP spot ETFs, which hold actual XRP and not derivatives or futures, offer both retail and institutional investors unprecedented access to the Ripple token.
XRP price reacts positively
Alongside this development, the XRP price rose by 4.9% in 24 hours. At the moment, the token is valued at $2.48, with the price up 7.3% last week and 1.6% last month.
The bull market also reflects reflected the eagerness of traders to get their hands on the token, which is why sales fell by 51% to $5.82 billion increase . The altcoin is the fourth-largest cryptocurrency on CoinMarketCap with a market cap of $149.72 billion.
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