Canary Capital, the asset manager behind a flurry of major-cap altcoin exchange-traded funds (ETFs), just made a key amendment to the Canary XRP ETF. This Ripple coin’s price-tracking ETF pitch just got a potential launch date due to the change in Canary’s S-1 Form.
What Just Changed For Canary’s Ripple ETF Launch?
With the updated version going into effect immediately, Canary’s Ripple coin (XRP) ETF could launch as soon as November 13, 2025. This projection is based on the assumption that NASDAQ greenlights the 8-A filing in a similar way to the hedge fund’s HBAR & LTC applications.
As by Journalist Eleanor Terrett, this key date could see additional impact with the United States government restarting their services. If the rumoured government restart kicks in soon enough, Canary’s Ripple ETF pitch could be moved up to start trading below this date, but there’s also a risk of SEC wanting additional comments, which could drag the ETF pitch further.
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All in all, the likelihood of Canary Capital using the 20-day statutory waiting period to their advantage is pretty huge, as the United States Securities and Exchange Commission’s (SEC) chair Pault Atkins mentioned yesterday he was completely fine with tech companies like MapLight using this legal loophole, the same method Bitwise & Canary carried out last week.
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People Also Ask:
It’s the removal of the “delaying amendment” from Canary Capital’s S-1 filing, stripping SEC control over XRP ETF timing for automatic effectiveness after 20 days under Section 8(a) of the Securities Act of 1933.
November 13, 2025, pending NASDAQ’s approval of the 8-A filing and no SEC objections—mirroring recent Solana & HBAR Spot market value-tracking ETF roll-outs.
It fast-tracks the first U.S. spot XRP ETF, potentially unlocking billion-dollar inflows like Bitcoin ETFs, amid XRP’s post-SEC lawsuit surge & existing leveraged ETF traction.
Easier regulated access via traditional brokers, boosting liquidity and mainstream adoption—analysts eye quick AUM growth to $100M+ like Rex-Osprey’s fund.
Fresh off launching spot Solana and HBAR ETFs this week using the same auto-effective tactic—proving they’re crypto ETF pros.
