Nasdaq Approval Needed for Canary’s XRP Spot ETF Launch

Canary Investments has submitted the final required paperwork for its XRP spot exchange-traded fund (ETF) launch, according to crypto journalist Eleanor Terrett. The submission of the 8-A form signifies its readiness for Nasdaq approval. If approved, the listing is expected to go live at 5:30 PM Eastern Time on Wednesday, marking a significant milestone in the history of XRP ETFs. This final approval clears the way for the launch of the first XRP spot ETF on Thursday.