The long wait for XRP exchange-traded funds (ETFs) is nearly over. Both Bitwise and Canary Capital have filed the final updates required for their spot XRP ETFs, setting up a mid-November launch that could reshape the crypto ETF landscape.
According to the latest SEC filings, Canary Capital’s XRP ETF is set to go live around November 13–14, while Bitwise’s ETF will follow a few days later, between November 19–20. These dates are based on a 20-day countdown that automatically triggers after removing the SEC’s “delay amendment,” a process accelerated by the recent government shutdown.
With at least seven issuers preparing XRP ETFs, analysts say the race is on to capture the first round of institutional demand for Ripple’s native asset.
The XRP filings follow a surprising twist in the ETF market. Last week, Bitwise’s Solana ETF (BSOL) became the number one crypto ETF in the U.S. by inflows, recording an impressive $417 million—beating both BlackRock’s Bitcoin ETF (IBIT) and Ethereum’s ETH ETFs combined.
While futures-based crypto ETFs have existed for years, spot ETFs are seen as the real milestone because they’re physically backed by the asset. For XRP, this means actual tokens will be held to support each share, tightening supply and potentially driving price demand.
The growing interest in altcoin ETFs, from Litecoin and Hedera (HBAR), shows how quickly institutional crypto products are expanding beyond Bitcoin and Ethereum.
But for XRP, the moment carries special weight. After years of legal battles and skepticism, Ripple’s token could finally gain the institutional recognition many investors have been waiting for.
If all goes as expected, November 2025 will mark the official arrival of spot XRP ETFs on Wall Street. Canary Capital’s product will likely be first to launch, followed closely by Bitwise and other issuers once they file their final amendments.
For XRP, this isn’t just another listing. It’s a long-awaited validation moment that could cement its role in institutional portfolios and signal a new phase of competition among crypto ETFs.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The global crypto market slipped slightly today, with total capitalization falling to $3.7 trillion, down…
Story Highlights The live price of the ETC crypto is . Ethereum Classic coin Price…
Story Highlights The PENGU price today is The token could hit $0.046 in 2025 and…
Story Highlights The live price of the ICP crypto is . Internet Computer price could…
The crypto market has faced one of its longest and toughest periods for altcoins. Many…
The odds of the ADA/USD price reaching $1 have increased as November begins. The Cardano…
