XRP Updates Today: XRP ETFs Indicate Growing Mainstream Adoption of Altcoins as Regulators Evolve

The U.S. crypto sector is on the verge of significant growth as clearer regulations and rising institutional interest intersect, with Bitwise Asset Management's spot

exchange-traded fund (ETF) possibly set to be the next major product to hit the market. The Securities and Exchange Commission (SEC) that allows ETF issuers to fast-track the effectiveness of pending registration statements, a change that could transform the approval process for digital asset investment products. This update comes after of the (XRPC) on Nasdaq, which became the first U.S. spot XRP fund and broke records for opening day trading volume.

Following the SEC's guidance after the government shutdown, the agency has

for cryptocurrency ETFs, letting companies avoid lengthy regulatory holdups. This regulatory shift has already sparked a surge in ETF applications, with — from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares — now appearing on the Depository Trust & Clearing Corporation (DTCC) platform, indicating they are close to launching. DTCC listings usually come before trading begins, and institutional investors are reportedly showing strong interest in XRP-based funds, which now collectively manage over $100 million in assets.

Canary Capital's

, which started trading on November 13, 2025, , surpassing the initial performance of Bitwise's Solana ETF. The fund's impressive debut highlights the increasing appetite for regulated altcoin exposure, with Bloomberg ETF analyst Eric Balchunas pointing out that and are leading 2025's ETF launches by a wide margin. Steven McClurg, CEO of Canary Capital, to XRP's practical use in international payments and its dedicated community.

The regulatory landscape has shifted as well, with

advocating for a more adaptable stance on digital assets. In a recent address, he introduced a framework that separates network and utility tokens from securities, making it easier for innovation to flourish. This approach aligns with ongoing bipartisan efforts in Congress to update crypto regulations, including discussions about market structure and how tokens are classified.

Market response to the approval of XRP ETFs has been varied. Although XRPC's introduction led to a 10% jump in XRP's price to $2.48,

as the broader crypto market experienced volatility. Still, analysts remain positive, and ETF launches, which attracted billions in early investments. Franklin Templeton and Bitwise are anticipated to introduce their own XRP ETFs soon, further embedding XRP within mainstream finance.

The current regulatory and market

marks a turning point for XRP. With institutional infrastructure established — supported by custodians such as Gemini and BitGo — and a growing roster of approved ETFs, XRP is advancing toward becoming a widely accepted asset. As more companies take advantage of the SEC's expedited process, the U.S. could soon see a wave of altcoin ETFs, expanding access to digital assets beyond and Ethereum.