According to crypto journalist Eleanor Terrett, Canary Capital has filed an updated Form S-1 for its XRP Spot ETF, removed the "Deferred Amendment Clause" that prevents registration from taking effect automatically, and handed over control of the timing to the SEC. Assuming Nasdaq approves the Form 8-A application, Canary's XRP ETF will be officially issued on November 13. Note: The reopening of the government may affect the schedule. If the application materials are complete and the SEC is satisfied, the time may be advanced; if the staff provides more comments, the time may be delayed.
However, it is worth noting that the SEC chairperson himself also appears to be supportive of companies using the automatic entry into force mechanism. While not commenting directly on the ETF launch, Paul SAtkins said yesterday that he was pleased to see companies like MapLight take advantage of the 20-day statutory waiting period to list during the government shutdown, and praised the same legal mechanism used by Bitwise and Canary when they launched SOL, HBAR and LTC ETFs this week.
Canary XRP spot ETF's latest application document removes "delayed amendment clause" and is expected to list on November 13
2025-10-30 23:01:07
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