XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups
- 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
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
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
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
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
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
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.
You may also like
Bitcoin News Update: Post-Halving Challenges and Rising Energy Expenses Propel Consolidation in Bitcoin Mining
- Bitcoin mining faces intense consolidation as post-halving pressures and energy costs eliminate smaller operators, per Marathon CEO. - JPMorgan highlights U.S. miners' energy-efficient infrastructure as prime M&A targets for hyperscalers and AI firms seeking scale. - Greenidge's modular Pod X technology boosts mining efficiency by 35%, positioning it as a leader in capital-efficient operations. - Bernstein identifies Riot Platforms as top consolidator, citing its aggressive $2B+ acquisition attempts to s
Safety Emergency Grounds Older MD-11 Aircraft Amid Renewed Cost Worries
- FAA's emergency order grounds 50+ MD-11 cargo planes after UPS crash kills 14, citing engine detachment risks. - NTSB reveals cockpit audio showed 37 seconds of pilot struggle before fatal crash during Louisville takeoff. - Boeing backs FAA directive as MD-11s face phaseout due to high maintenance costs and outdated design flaws. - UPS/FedEx report MD-11s handle 13% of combined cargo operations, highlighting aging fleet's critical supply chain role.

Brazil's Approach to Crypto Regulation: Combating Crime and Enhancing Investor Confidence
- Brazil's Central Bank (BCB) introduced strict crypto regulations requiring VASPs to obtain authorization by Feb 2026, with non-compliant firms facing closure by Nov 2026. - Stablecoin transactions are reclassified as FX operations under new rules, subject to transparency requirements and a $100,000 cap on unapproved cross-border transactions. - The framework mandates robust AML controls, cybersecurity, and compliance frameworks for VASPs, aiming to curb fraud and position Brazil as Latin America's crypto

XRP News Update: Altcoin ETFs Move Closer to U.S. Approval After DTCC Surpasses Major Obstacle
- DTCC's approval of Bitwise's CLNK ETF marks a key step toward U.S. altcoin ETFs, with XRP-focused funds from 5 firms now listed. - XRP ETFs like Canary's XRPC and Grayscale's proposed offering highlight growing institutional demand for crypto exposure. - SEC resumes reviews post-government shutdown, accelerating approvals for pending applications including XRP Trust conversion. - Historical ETF inflows and CME's crypto derivatives success suggest regulatory clarity could drive significant capital into al
