Canary Capital Files Updated XRP Spot ETF S-1 for Potential November Launch

Canary Capital has filed an updated SEC filing for its proposed XRP spot exchange-traded fund (ETF), aiming to launch in November 2025, subject to regulatory approval and Nasdaq listing. The ETF aims to provide direct exposure to XRP, potentially increasing trading volumes and liquidity in the market. The SEC review is crucial as this filing could pave the way for broader institutional investments in XRP.