XRP, Approaches

XRP Approaches Critical Regulatory Milestone with Multiple ETF Decisions Looming

31.10.2025 - 04:13:04

Accelerated Timeline for Canary Funds Proposal

XRP finds itself at a pivotal juncture as regulatory authorities prepare to rule on several exchange-traded fund applications. Despite today’s 4.3% decline to $2.47, the digital asset could witness significant momentum shifts within the coming fortnight. Seven separate XRP ETF proposals await Securities and Exchange Commission determinations, creating substantial market anticipation.

Investment firm Canary Funds has moved forward with its S-1 registration filing by eliminating the “delaying amendment” provision. This procedural adjustment means the application could automatically become effective and potentially launch as early as November 13, 2025, pending necessary exchange approvals.

Canary represents just one of seven financial institutions seeking authorization for XRP-focused exchange-traded products. All decisions are anticipated by Read more...

@ boerse-global.de