Anticipation Builds for XRP ETF Approval
Excitement is sweeping through the XRP community as anticipation builds for a landmark event. The long wait for a U.S. spot XRP ETF appears nearly over. Updated filings and legal signals now point to a specific launch window that could reshape XRP’s market narrative.
Prominent crypto analyst Zach Rector has confirmed that the first XRP ETFs are expected to go live by mid-November. In a video shared on his X handle, Rector explained that filings from Canary Capital and Bitwise have officially triggered a 20-day countdown.
The countdown started once both firms updated their ETF registration documents with the required legal language, according to Rector. He said these updates confirm that the ETFs are now legally positioned to go live around November 13.
Key Filings Trigger Regulatory Countdown
Canary Capital filed its amendment on October 24, removing a key “delay clause.” That removal activated the 20-day effectiveness period under Section 8(a) of the Securities Act of 1933. Unless the SEC intervenes, the filing automatically becomes effective after the countdown.
XRP ETF Party in November! pic.twitter.com/5raBiWVAZh
— Zach Rector (@ZachRector7) November 2, 2025
Bitwise followed on October 31, revising its own spot XRP ETF documentation. The update included the same Section 8(a) provision, signaling the firm’s readiness to proceed. These synchronized filing updates provide the most concrete timeline to date for the potential launch of XRP ETFs.
Regulatory Landscape and Market Preparedness
The U.S. Securities and Exchange Commission has gradually eased restrictions on digital asset investment products. Its earlier approval of spot Bitcoin ETFs paved the way for other crypto-based funds.
Under Section 8(a), a registration statement automatically becomes effective 20 days after filing. This means both Canary Capital and Bitwise could see their ETFs begin trading in mid-November, provided there are no new SEC delays.
Analysts believe this is a significant step toward integrating XRP into mainstream investment vehicles.
Significance of XRP ETFs
An approved XRP ETF would represent a breakthrough for institutional access. With an XRP ETF, investors could tap into XRP’s potential through a regulated product, mitigating the risks associated with direct crypto ownership.
For the XRP Ledger ecosystem, ETF approval could boost market liquidity and reinforce XRP’s position as a global payments asset. Increased demand from funds and portfolio managers could also strengthen market depth and long-term adoption.
Rector described the development as a “100% certainty,” highlighting that two of the seven proposed ETFs are now in the activation phase. He predicted that the remaining issuers would follow shortly after.
Conclusion: A New Era for XRP Investment
Zach Rector’s confirmation has reignited optimism within the XRP community. With Canary Capital and Bitwise officially starting their 20-day countdowns, November 13 stands as the most credible date yet for the XRP ETF debut.
If filings proceed without regulatory interference, XRP could soon join Bitcoin and Ethereum in the U.S. ETF market. For XRP holders, the long-awaited ETF party might finally begin this November.