**Nasdaq Confirms Listing of Canary XRP ETF — Trading Starts November 13, 2025**
The Canary XRP ETF is set to launch on Nasdaq on November 13, 2025, featuring a low management fee of 0.50%. This new exchange-traded fund offers investors regulated exposure to XRP by tracking the XRP-USD CF Benchmarks Reference Rate Index. Backed by a market capitalization of $143 billion, XRP continues to attract strong institutional interest, buoyed by recent regulatory progress.
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### What Is the Canary XRP ETF and When Does It Launch?
The Canary XRP ETF represents a groundbreaking development in cryptocurrency investment products. It provides direct exposure to XRP through a traditional ETF structure, making it accessible to a broad range of investors.
The ETF will begin trading on Nasdaq under the ticker symbol **XRPC** on November 13, 2025. This follows Canary Capital’s Form 8-A filing with the U.S. Securities and Exchange Commission (SEC) on November 10, 2025, which automatically triggered its effectiveness.
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### How Will the Canary XRP ETF Operate? Key Features
The Canary XRP ETF will track XRP’s performance by referencing the XRP-USD CF Benchmarks Reference Rate Index, ensuring transparent and accurate pricing. With a management fee of just 0.50%, it caters to both institutional and retail investors looking for a regulated and hassle-free way to invest in XRP without handling the cryptocurrency directly.
Key service providers include:
– **U.S. Bancorp Fund Services** as transfer agent and administrator
– **Gemini Trust Company** and **BitGo Trust Company** as custodians, tasked with safeguarding assets under strict regulatory standards
This robust infrastructure builds on Ripple’s recent resolution of past legal challenges with the SEC, reinforcing investor confidence.
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### Industry Perspectives
Bloomberg’s senior ETF analyst Eric Balchunas described Nasdaq’s listing notice as a “watershed moment” for XRP. He emphasized that the ETF’s structure positions it well for capital inflows, given XRP’s pivotal role in cross-border payments and its sizeable $143 billion market capitalization.
Data from prior spot Bitcoin ETF launches indicate that regulated cryptocurrency products can rapidly attract billions in assets under management, highlighting the strong potential for the Canary XRP ETF.
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### Accessibility and Market Impact
Listed on the Nasdaq Global Market, the ETF will be accessible through standard brokerage accounts, eliminating common obstacles such as managing crypto wallets or navigating exchange security concerns. This enhanced accessibility stands to make XRP investment easier and more appealing.
Currently, XRP trades around $2.40, reflecting a slight 1% decline amid broader market fluctuations. However, experts remain optimistic about positive momentum following the ETF’s debut.
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### Comparisons to the Solana ETF and Growth Potential
The Canary XRP ETF launch follows closely on the heels of the successful spot Solana ETF debut. Bitwise’s Solana Staking ETF (ticker **BSOL**) launched on October 28, 2025, and amassed $531 million in net assets during its first week, despite volatile market conditions.
The Solana ETF saw approximately $70 million in inflows on day one and continued to attract capital steadily, with total inflows reaching $199 million over seven trading days.
Analysts project that the Canary XRP ETF could potentially outperform this, benefiting from XRP’s larger market cap and Ripple’s expanding global payment partnerships.
> “XRP’s utility in real-world applications gives it an edge over newer tokens,” said Eric Balchunas in a recent Bloomberg analysis, noting XRP’s $143 billion valuation as a sign of strong demand.
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### Regulatory Milestone and Investor Confidence
While XRP has faced regulatory scrutiny in the past, the ETF’s approval signals a maturing regulatory environment for digital assets. Investors can now access XRP via familiar financial channels, which may help stabilize price volatility and improve liquidity.
The ETF’s custody arrangements with established firms like Gemini and BitGo further enhance security and trust, mirroring the protocols that contributed to the success of other altcoin ETFs such as Solana.
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### Addressing Investor Concerns
Many traditional finance investors hesitate to enter the cryptocurrency market due to perceived risks and complexity. The Canary XRP ETF bridges this gap by providing a familiar, regulated investment vehicle.
Historical data shows first-mover advantage can drive significant inflows in altcoin ETFs. For example, Ethereum ETFs attracted over $1 billion in assets within months of approval.
Given XRP’s well-established ecosystem and collaborations with financial institutions worldwide, the ETF is poised to unlock capital from previously untapped investor pools.
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### Frequently Asked Questions
**When does the Canary XRP ETF start trading on Nasdaq?**
The Canary XRP ETF begins trading on Nasdaq on **November 13, 2025**, under the ticker **XRPC**. This follows the SEC’s automatic approval on November 10, 2025, and Nasdaq’s official listing notice.
**What advantages does the Canary XRP ETF offer over direct XRP investment?**
The ETF provides a regulated, convenient way to invest in XRP through standard brokerage accounts without the need for crypto wallets or exchanges. It offers professional custody services from Gemini and BitGo, along with a low 0.50% management fee, reducing risk and simplifying access for all investors.
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### Key Takeaways
– **Launch Date Confirmed:** Trading starts on Nasdaq November 13, 2025, making it the first U.S. spot XRP ETF.
– **Regulated Exposure:** Tracks the XRP-USD CF Benchmarks Reference Rate Index with secured custody services.
– **Potential Outperformance:** Expected to surpass Solana ETF’s debut performance, leveraging XRP’s large market capitalization and practical use cases.
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### Conclusion
The Canary XRP ETF marks a pivotal milestone in the cryptocurrency investment landscape by offering the first regulated, spot XRP fund on Nasdaq. Its launch promises to enhance XRP’s accessibility, attract substantial capital inflows, and support continued growth within the digital asset ecosystem. Investors seeking regulated, straightforward exposure to XRP now have a compelling new option to consider starting November 13, 2025.
https://bitcoinethereumnews.com/tech/canary-xrp-etf-to-launch-on-nasdaq-november-13-potentially-surpassing-solana-debut-gains/
