XRP is entering a new era!
Eleanor Terrett â former Fox Business journalist and host of Crypto In America â has confirmed that Canary Capitalâs long-awaited XRP Exchange-Traded Fund (ETF) has officially been declared effective.
As of 5:30 PM ET, November 12, Nasdaq certified the listing, clearing $XRP XRPC for trading at the market open on November 13. This marks a historic moment for XRP and the broader digital asset space.
đč The Path to Approval
Canary Capital began the journey by withdrawing its delaying amendment from the S-1 registration, triggering the automatic effectiveness countdown under the Securities Act â no SEC declaration needed.
They then filed Form 8-A with the SEC to register the ETFâs shares for trading on Nasdaq under the ticker XRPC â signaling full readiness for market launch.
đč Nasdaq Certification: The Final Step
On November 12, 2025, Nasdaq Regulation issued the official certification letter, approving Canaryâs application and confirming XRPCâs listing.
This certification completed the final procedural milestone â paving the way for the first physically backed XRP ETF to begin trading today, November 13.
đč A New Era for XRP đ
Canary Capital CEO Steve McClurg expects up to $5 billion in inflows within the first month, highlighting massive institutional interest.
With XRP already trading at $2.51 (+4.74%), momentum is building â and the ETF could fuel even greater adoption and price strength.
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