Canary Capital’s XRP ETF Launch Looms, Approvals Rapidly Progressing

The cryptocurrency market is buzzing with anticipation as U.S.-based asset management firm Canary Capital prepares to launch its XRP spot ETF on November 13th. This move comes after the removal of a deferment amendment, streamlining the registration process and accelerating approval. Canary Capital’s success in launching Solana and HBAR ETFs has set a precedent for this approach with XRP, aiming for a smoother route through SEC review.