The Nasdaq has granted approval to Canary Capital’s XRP exchange-traded fund (ETF), ushering in a historic moment for the crypto market. The $XRPC ticker will launch on Nasdaq, marking the first US spot ETF for XRP. This milestone signals a significant shift towards institutional interest and could impact XRP’s price and related assets like Bitcoin (BTC) and Ethereum (ETH). The approval follows SEC regulatory filings by CEO Steven McClurg, who believes this ETF has the potential to propel market engagement. With its launch, Canary Capital aims to attract substantial institutional investors, and recent price surges in XRP reflect heightened investor confidence.