XRP News Today: Regulatory Cooperation Sets the Stage for XRP ETF Milestone

The

, recognized as the first U.S. spot exchange-traded fund for Ripple’s token, has and is scheduled to launch on November 13, 2025. This milestone signifies a significant step in merging cryptocurrency with established financial markets. Trading under the symbol XRPC, the fund will enable investors to gain exposure to XRP via regulated brokerages, with during its initial month. The ETF’s approval followed an expedited regulatory review, to avoid the Investment Company Act of 1940, a structure that sets it apart from futures-based funds and streamlines direct access to XRP’s spot price.

The approval process

on November 12, confirming the fund satisfied all listing requirements. The SEC registration became effective at 5:30 PM ET that day, at the next market opening. Canary CEO Steven McClurg pointed to strong institutional interest as a major factor, drawing , which attracted over $17 billion in net inflows after their debuts. The fund’s annual management fee of 0.5%, though higher than Bitwise’s 0.34%, , making it accessible to both individual and institutional investors.

for the ETF’s swift approval. SEC Chairman Paul Atkins and Commissioner Hester Peirce were noted as major advocates, reflecting a broader trend toward more crypto-friendly regulation. This progress was further supported by the conclusion of a lengthy U.S. government shutdown, which had . The Depository Trust & Clearing Corporation (DTCC) also XRP-related securities, streamlining post-trade operations.

The ETF’s design, linked to the XRP-USD CCIXber Reference Rate Index,

while minimizing risks tied to unregulated trading venues. Unlike funds based on futures, this spot ETF , catering to the increasing institutional appetite for regulated crypto assets. Analysts such as Bloomberg’s Eric Balchunas have after certification, a pattern that could boost XRP’s liquidity and price steadiness.

In addition to the Canary XRP ETF,

with their own XRP ETF filings using the automatic effectiveness process, suggesting a possible surge in new listings soon. This wave of spot XRP ETFs highlights the token’s evolution as an asset and its growing role in mainstream finance. For XRP, the ETF’s introduction could , especially in international payments, where Ripple’s solutions have long been prominent.

As the inaugural U.S. spot XRP ETF, XRPC

, showing how regulatory transparency and institutional partnerships can foster innovation. Investors now have a regulated, cost-effective way to participate in XRP’s growth, a shift that could transform the crypto market in the near future.