Canary XRP Spot ETF Set for November 13 Launch Following Key Filing Update Canary Capital is on track to make a major splash in the cryptocurrency investment space. According to Fox journalist Eleanor Terrett, the firm has filed an updated S-1 for its XRP spot ETF, removing a critical “delaying amendment” that previously gave the U.S. Securities and Exchange Commission (SEC) control over the fund’s registration timing. This strategic move clears a significant regulatory hurdle and positions the Canary XRP ETF for a potential launch on November 13, pending Nasdaq approval of its 8-A filing. The removal of the delaying amendment is widely seen as a decisive step toward accelerated market entry. Previously, the amendment allowed the SEC to control when the registration would go into effect, creating uncertainty and delaying launch timelines. With this clause eliminated, the fund’s registration can proceed automatically, streamlining the process and giving investors and market watchers a concrete date to anticipate. The timing is significant as XRP sees rising institutional interest, driven by major accumulation. A spot ETF offers a regulated, direct way to invest, likely boosting both retail and institutional participation. The Canary XRP ETF could be a milestone for integrating digital assets into traditional finance. Spot crypto ETFs have long faced SEC scrutiny over market manipulation and liquidity. Canary Capital’s updated filing demonstrates regulatory confidence, potentially paving the way for future crypto ETFs. Bullish investor sentiment around XRP is building on key technical levels, with the confirmed launch date acting as a potential catalyst. Nasdaq approval remains the final regulatory hurdle, and anticipation could drive heightened demand and trading activity ahead of November 13. Meanwhile, in a landmark for crypto investing, REX-Osprey™, the REX Shares and Osprey Funds partnership, launched the first U.S.-listed ETFs offering direct spot exposure to XRP on September 18. Conclusion Canary Capital’s updated S-1 removes the SEC delay clause, clearing the path for a regulated XRP spot ETF. Pending Nasdaq approval, November 13 could mark a milestone for investors, offering seamless, compliant access to XRP and advancing crypto’s integration into traditional markets.