Popular asset manager Canary Capital has removed a delay amendment from its spot XRP ETF S-1 filing, paving the way for a potential November 13th launch. This update follows a similar action by Canary with its SOL ETF application, which went live earlier this week after weeks of adjustments. The removal of the delay amendment signifies that Canary is prepared to proceed with launching their $XRP ETF shortly. The SEC now has control over the timing for the product’s registration. 🚨This news comes alongside reports of SEC Chair Paul Atkins reportedly supporting such filings, which could benefit companies looking to leverage the auto-effective method currently being utilized by Canary and Bitwise. If the SEC approves, a launch date of November 13th is expected, barring any further objections from regulators or Nasdaq failures with the 8-A filing. The market is buzzing over this update. @CanaryFunds filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the SEC control over timing. This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the SEC approves. The removal of this delay suggests that Canary is confident they have all the necessary structural points in place to launch smoothly. As Eleanor Terrett pointed out, if the SEC approves, there will be a 20-day period before the ETF’s launch. 20 days after this point, the ETF can legally start trading unless the SEC stops it or Nasdaq fails to approve the S-1 filing. The XRP Army is eagerly anticipating this launch, with some predicting the ETF could quickly become a billion-dollar fund within the first few months of its existence. Meanwhile, the price of XRP has been performing well during the week, showing gains despite the recent Fed interest rate cut. It currently sits near $2.50 and may face two major selling walls in the coming days. The asset is one of the few large-cap cryptocurrencies that have seen positive weekly price action.