XRP Set for a Big Week as Canary Capital ETF Launches on November 13

Michael Adeleke
3 hours ago
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Canary Capital will launch its spot XRP ETF on November 13

Highlights

  • Canary Capital has cleared SEC delays and confirmed the launch of its spot XRP ETF this Thursday.
  • This could be a massive valuation push for XRP.
  • Experts say this launch could see the token reach new heights.

XRP could be set for one of its big weeks of the year 2025. This comes as Canary Capital readies the launch of its XRP ETF on November 13. This might, in essence, see the token’s value jump handsomely.

Canary Capital XRP ETF to Launch on Thursday

Last week, asset manager Canary Capital filed an updated S-1 registration with the SEC that removed the “delaying amendment” holding back the fund’s launch. This effectively cleared the last challenge for the firm. This set up the fund for a launch date this Thursday.

This could be a boost to the token’s performance, according to many experts, as the asset trades near multi-week support levels.

The Canary Capital ETF joins the list of the token’s spot funds that have come into view now on the DTCC. That of Franklin Templeton might debut on November 14, while that of Bitwise is expected between November 19-20. Meanwhile,  21Shares and CoinShares are targeting mid-to-late November.

Excitement over the timeline for an XRP ETF was obvious at Ripple’s recent Swell conference. Teucrium CEO told attendees that “the last half of November could be very important for XRP.” He also cited institutional inflows and the growing trend toward real-world asset tokenization.

Gilbertie also called on investors to look to the long-term. “Believe in it. Don’t worry about volatility. It will even out as adoption comes and more institutional money enters.”

XRP Products Already Proving Their Market Strength

Recent launches of the token products indeed show promising results. For example, the REX-Osprey XRP ETF traded $37.7 million in its first day of trading. This marked the strongest ETF debut of 2025 thus far.

Similarly, the Teucrium 2x Long Daily XRP ETF saw strong volumes in the first week of trading-a sure sign that markets were interested in the token’s funds. These performances suggest the Canary Capital ETF might attract high inflows at its launch.

In particular, one research report recently pointed out the potential scale of such launches for the token. According to them, at $2.4, the token price is one of the most undervalued large cap crypto.

They pointed out that when Bitcoin spot ETFs were launched, they drew more than $50 billion in assets. The Ripple coin apparantly doesn’t need inflows of that size to have an effect. They said even a fraction could drive the asset much higher.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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