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XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups

XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups

Bitget-RWA2025/11/11 05:14
By:Bitget-RWA

- Franklin Templeton, Bitwise, and Canary Capital are accelerating XRP ETF approvals by removing SEC "delaying amendments" from S-1 filings, enabling automatic effectiveness under Section 8(a). - This strategy follows Ripple's 2025 SEC legal resolution, boosting confidence in regulatory clarity and triggering $550M XRP accumulation and a 1.55% price surge to $2.53. - Over 150 crypto ETFs are pending with the SEC, while DTCC has pre-listed five XRP ETFs, signaling institutional adoption and projected $10B+

The competition to introduce the first U.S. spot

exchange-traded fund (ETF) is intensifying, as leading asset managers such as Franklin Templeton, Bitwise, and Canary Capital have updated their SEC submissions to speed up the approval process. These companies have chosen to eliminate the "delaying amendment" from their S-1 registration documents, which means their ETFs can automatically go into effect 20 days after filing, according to Section 8(a) of the Securities Act of 1933. This method avoids the need for direct SEC approval, a strategy that was previously used by issuers of (SOL), (LTC), and (HBAR) ETFs during the last government shutdown .

This move reflects increasing optimism about regulatory certainty after Ripple resolved its five-year dispute with the SEC in August 2025. Experts such as Nate Geraci from NovaDius Wealth Management anticipate that several XRP ETFs could debut within two weeks, with Canary Capital aiming for November 13 and Franklin Templeton planning a mid-November launch

. These actions are part of a larger trend in the industry: the SEC is currently reviewing more than 150 crypto ETF applications covering 35 digital assets, with XRP coming in third for the number of filings, following and Solana .

Market reactions have already begun. On November 11, XRP climbed 1.55% to reach $2.53, outpacing the broader crypto sector as institutional investments picked up pace

. Trading activity jumped 20.71% above the weekly average, with 140.2 million tokens traded at peak times, indicating strategic accumulation by major investors .
XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups image 0
Blockchain data further highlights this pattern: investors pulled $556 million worth of XRP from exchanges in the past week, showing strong faith in future price increases .

Technical signals also point to continued bullishness. XRP has bounced off key support between $2.50 and $2.52, with the Relative Strength Index (RSI) at 58 and the MACD indicating growing positive

. Analysts note that a daily close above $2.57 could open the door to a rally toward $2.65–$2.70, while dropping below $2.52 could trigger a retreat to $2.45–$2.47 . The 4-hour chart structure also hints at a possible breakout after several weeks of consolidation within a downward wedge .

Progress on the regulatory front and growing institutional interest are seen as key drivers. The Depository Trust & Clearing Corporation (DTCC) has already listed five spot XRP ETFs—including those from Franklin, Bitwise, and Canary—in advance of a U.S. rollout

. These offerings will allow investors to access XRP through regulated investment products, a shift that The Motley Fool attributes to rising demand for crypto-based solutions in mainstream finance . Ripple CEO Brad Garlinghouse has underscored the network’s importance in cross-border payments and real-world asset tokenization, further attracting institutional players .

Nonetheless, short-term challenges persist. Although XRP’s recent gains have set it apart from broader market weakness, analysts warn that excessive momentum could prompt corrections ahead of upcoming macroeconomic data releases

. The SEC’s stance on the 8(a) approach—while not yet contested—remains uncertain. For now, attention is on the potential for XRP ETFs to attract billions in new capital, with industry projections suggesting total assets under management could surpass $10 billion within a few months .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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