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XRP ETF launch
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XRP ETF Launch Smashes Volume Expectations

by Ouess
written by Ouess

The crypto world just witnessed a monumental event. The first-ever U.S.-listed spot XRP ETF launch, and it’s already shattering expectations.

XRP ETF Launch Ignites Market with Record $58M Volume Surge

In a stunning display of demand, the new fund, managed by Canary Capital (ticker: XRPC), racked up a colossal $58 million in trading volume within its first half of the day alone.

This explosive start immediately caught the eye of top analysts. Consequently, Bloomberg’s Eric Balchunas confirmed the fund blew past its initial $17 million volume target in less than an hour. Moreover, this blistering pace enabled it to easily surpass the first-day volume of other altcoin ETFs like BSOL, which recorded $57 million.

Why This XRP ETF Launch is a Game-Changer

While the numbers may seem small compared to Bitcoin or Ethereum ETF debuts, the context is everything. This initial volume absolutely dwarfs the performance of other altcoin funds. For instance, the Litecoin ETF only managed $1 million on its first day. This massive influx of capital so quickly signals a powerful vote of confidence from institutional investors. It effectively opens a new, regulated gateway for major capital to flow directly into XRP.

Market Reaction and What’s Next for XRP

Following the news, XRP’s price initially surged to a daily high of $2.52. However, broader macroeconomic pressures caused it to stabilize around $2.3. Importantly, this is just the beginning. A wave of other major firms, including Franklin Templeton, Grayscale, and WisdomTree, are slated to launch their own XRP ETFs this very month. This creates a powerful tailwind of continued exposure and liquidity.

XRP ETF launch
XRP Price Source : TradingView

My Thoughts

This isn’t just another product launch; it’s a paradigm shift for the entire altcoin market. The overwhelming demand for this XRP ETF launch proves there is a massive, pent-up institutional appetite for regulated exposure to digital assets outside the top two. This validates XRP’s market position and could set a precedent for other major altcoins, ultimately bringing a new wave of capital into the crypto ecosystem.

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XRP ETF launch
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XRP ETF Launch Set for Thursday After Final Filing

by Ouess
written by Ouess

The institutional floodgates are about to swing wide open! The historic XRP ETF launch is now confirmed for this Thursday, November 13, after Canary Funds submitted its final filing with the SEC.

It’s Official: XRP ETF Launch Confirmed for This Thursday

According to journalist Eleanor Terrett, the filing becomes effective at 5:30 PM ET on Wednesday, with trading set to begin Thursday morning on Nasdaq under the ticker “XRPC.” This isn’t just another product; it’s the first “pure-play” spot XRP ETF filed under the Securities Act of 1933, meaning it will hold 100% XRP—a direct, unadulterated bet on the digital asset that sets a powerful new precedent.

Why This XRP ETF Launch is a Game-Changer

This XRP ETF launch is fundamentally different from what came before. It’s often compared to the REX Osprey XRP ETF, but that fund falls under the Investment Company Act of 1940 and is only partially comprised of XRP. Canary’s ETF, by contrast, holds only XRP. This pure-play structure provides institutional investors with the cleanest possible exposure, which is a major reason for the soaring optimism. Canary Capital CEO Steven McClurg is boldly predicting that if the fund sees even $5 billion in inflows during its first month, it could rank among the top 10-20 ETF launches of all time.

Expert Price Predictions: Can XRP Reach $5?

With the XRP ETF launch locked in, analysts are turning intensely bullish on the price outlook. Chart expert Levi Rietveld has identified a classic “cup and handle” pattern on XRP’s chart, a technical formation that projects a surge toward $5 by the end of the year. This would represent a doubling from current prices. While veteran trader EGRAG Crypto advises patience during the current consolidation, the technical setup, combined with the ETF catalyst, creates a compelling case for a significant re-rating. The key support zone to watch is $2.35-$2.38; holding this level is critical for the bullish narrative to play out.

The Current Challenge: Liquidity Rotation and the Path Forward

Despite the bullish catalysts, XRP faces a short-term headwind: a massive liquidity rotation into AI tokens and meme coins, which are offering higher volatility and returns. This has left XRP trading range-bound around $2.40 with subdued on-chain activity. For the XRP ETF launch to trigger the anticipated explosion, it needs to reverse this trend and pull capital back into large-cap altcoins. A break above $2.50 could ignite the next leg up toward $2.70, while a failure to hold support risks a dip back to $2.20.

XRP ETF launch
XRP Price Source : TradingView

My Thoughts

This is the most significant development for XRP since its legal clarity with the SEC. The XRP ETF launch provides a regulatory seal of approval and a direct pipeline for institutional capital that has been waiting on the sidelines. I believe the initial inflows will be massive, potentially shocking the market. While short-term price action is battling narrative-driven rotations, the long-term impact of this ETF cannot be overstated. It fundamentally changes XRP’s investment profile forever.

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XRP ETF launch
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XRP ETF Launch Gets Green Light for This Week

by Ouess
written by Ouess

The institutional era for XRP is finally here! In a monumental milestone, the XRP ETF launch has received automatic approval, with Canary Capital’s spot XRP ETF slated to begin trading on Nasdaq later this week.

It’s Official: XRP ETF Launch Gets Automatic Approval, Trading Starts This Week

The issuer filed a crucial Form 8-A with the SEC, the final procedural step that makes the registration auto-effective. This paves the way for the first spot XRP ETF under the 1933 Act to go live, a massive victory for Ripple and the entire XRP community after years of regulatory uncertainty. The XRP ETF launch marks a definitive shift, legitimizing the asset for a vast new pool of institutional investors.

Inside the Canary XRP ETF: Ticker, Fees, and Structure

So, what do we know about the fund? The Canary XRP ETF will trade on the Nasdaq under the ticker symbol “XRPC.” Its investment objective is straightforward: to provide investors with direct exposure to the spot price of XRP. The fund will track the XRP-USD CCIXber Reference Rate Index. Canary has set a management fee of 0.50%, which is slightly higher than Bitwise’s proposed 0.34% fee for its competing XRP ETF. The trust has appointed robust, regulated partners, with Gemini and BitGo serving as custodians, ensuring institutional-grade security for the underlying assets.

Market Impact: XRP Price and Derivatives Heat Up

XRP ETF launch
XRP Price Source : TradingView

The market is already anticipating the XRP ETF launch. XRP price has jumped nearly 10% over the past week, with trading volume spiking 40% in the last 24 hours alone. At press time, XRP is trading around $2.48. More importantly, the derivatives market is signaling heavy accumulation. Total XRP futures open interest climbed sharply, with a 12% surge on Binance. This data indicates that traders are positioning for a major volatility event. Despite a technical “death cross” on the daily chart, the ETF catalyst has the power to overpower bearish technicals and trigger a significant rebound.

XRP ETF launch
XRP Open Interest Source : Coinglass

Expert Outlook: “Will Double Solana’s ETF Debut”

The optimism is palpable among experts. Canary Capital CEO Steven McClurg made a bold prediction, stating the XRP ETF will “probably double what Solana did in its first week.” This points to massive anticipated demand, justified by XRP’s larger market cap and established global presence. Experts like Nate Geraci see this as a definitive win against the SEC’s previous anti-crypto stance. With the U.S. government shutdown also nearing an end, the XRP ETF launch is perfectly timed to capitalize on a broader risk-on sentiment.

My Thoughts

This is the watershed moment XRP holders have been waiting for. The XRP ETF launch isn’t just another product; it’s a resounding legal and institutional validation. I expect initial inflows to be massive, potentially eclipsing other altcoin ETFs due to XRP’s widespread name recognition and years of pent-up demand. This could easily propel XRP back toward its 2025 highs and beyond. The narrative has permanently shifted from “is it a security?” to “how much institutional capital will flow in?”

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XRP ETF launch
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XRP ETF Launch Set to Ignite Monumental Week

by Ouess
written by Ouess

Get ready for one of the most significant weeks in XRP’s history. The long-awaited institutional floodgates are officially opening, with the first XRP ETF launch set for this Thursday, November 13, from Canary Capital.

XRP ETF Launch: The $2.4 Token Primed for a Parabolic Move

This isn’t an isolated event; it’s the start of a sequential rollout that includes giants like Franklin Templeton and Bitwise later in the month. For a token trading around $2.40—which many analysts call deeply undervalued—this creates a perfect bullish storm. The institutional validation and direct access to billions in capital could finally unlock XRP’s dormant potential.

The XRP ETF Launch Schedule: A Week-by-Week Catalyst

Mark your calendars, because the XRP ETF launch schedule is packed. Canary Capital kicks things off on November 13 after cleverly removing the “delaying amendment” from its SEC filing. Franklin Templeton is hot on its heels, targeting a November 14 debut. Bitwise is expected between November 19-20, with 21Shares and CoinShares following in late November. This isn’t a one-off event; it’s a coordinated institutional assault that will keep XRP in the spotlight for weeks, creating a sustained narrative and constant demand pressure.

The Proof is in the Performance: Institutional Demand is Real

Skeptical? The data already proves the demand is there. The existing REX-Osprey XRP ETF traded a massive $37.7 million on its first day, marking the strongest ETF debut of 2025. Similarly, the Teucrium 2x Long XRP ETF saw robust volumes immediately. This isn’t theoretical; it’s evidence that institutional and retail traders are hungry for regulated XRP exposure. As one research report highlighted, XRP doesn’t need the $50+ billion that Bitcoin ETFs attracted. Even a fraction of that inflow into a smaller market cap would have an explosive impact on the price.

XRP ETF launch
XRP teucrium ETF Source : Teucrium

Why This XRP ETF Launch is a Game-Changer

The XRP ETF launch does more than just bring in new money; it fundamentally reshapes XRP’s investment profile. It provides a familiar, regulated vehicle for financial advisors, retirement funds, and major institutions that were previously unable to invest directly. This dramatically expands the potential investor base. The excitement was palpable at Ripple’s Swell conference, where Teucrium’s CEO called the latter half of November “very important for XRP” and urged investors to focus on long-term adoption over short-term volatility.

My Thoughts

This is the catalyst we’ve been waiting for. The XRP ETF launch sequence is a dream setup for a sustained rally. I expect a “buy the rumor, sell the news” dip on the first launch, but that will be a golden buying opportunity. As more ETFs go live throughout November, the cumulative effect of their inflows will create overwhelming buy-side pressure. My price target for the end of Q1 2026 is a conservative 2-3x from current levels.

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