XRP Spot ETF Expected to Launch This Week, Canary Capital Filing Signals Approvals

A potential landmark moment for XRP is on the horizon. Canary Capital, a prominent crypto investment firm, submitted crucial documents to the Securities and Exchange Commission (SEC) signaling their spot XRP ETF’s imminent launch this week. Bloomberg’s Eric Balchunas commented on this news, noting that Canary’s filing of Form 8A – required for securities listings before their launch – aligns with past trends where similar filings led to swift fund launches.