The post Will the XRP ETF Launch on November 13? appeared on BitcoinEthereumNews.com. The crypto market could welcome a spot XRP (XRP) exchange-traded fund (ETF) on November 13 as asset manager Canary Capital has removed the delaying amendment from its S-1 registration. This step follows a week of successful altcoin ETF launches, including products for Solana, Litecoin, and Hedera, suggesting a wider regulatory acceptance of digital asset investment vehicles. Canary XRP ETF Targets November Launch In a recent post on X (formerly Twitter), journalist Eleanor Terrett reported that Canary Capital updated its S-1 filing for the spot XRP ETF by removing the “delaying amendment.” Sponsored Sponsored Essentially, this amendment allows the SEC to control the timing of effectiveness by preventing a registration statement from becoming automatically effective. Without it, the filing will automatically take effect after a 20-day waiting period under Section 8(a) of the Securities Act of 1933, unless the SEC issues further comments or takes other action. Thus, by removing the delaying amendment, Canary Funds could see its ETF launch on November 13. However, it is contingent on Nasdaq’s 8-A approval. “Interesting.. Altho XRP docs didn’t have the same comments back-and-forth with the SEC that Solana had. That was one reason issuers was felt they were ready. But hey, worth a try I guess,” Bloomberg’s Eric Balchunas said. Terrett added that the resolution of the government shutdown could impact the timeline. It could potentially delay the process if the SEC staff decides to issue new comments on the filing, or, conversely, expedite approval if the review is already complete and no further revisions are required. “The SEC Chair himself seems to be on board with companies taking advantage of the auto-effective method. While not commenting directly on the ETF launches, @SECPaulSAtkins said yesterday he was pleased to see companies like MapLight using the 20-day statutory waiting period to go public during… The post Will the XRP ETF Launch on November 13? appeared on BitcoinEthereumNews.com. The crypto market could welcome a spot XRP (XRP) exchange-traded fund (ETF) on November 13 as asset manager Canary Capital has removed the delaying amendment from its S-1 registration. This step follows a week of successful altcoin ETF launches, including products for Solana, Litecoin, and Hedera, suggesting a wider regulatory acceptance of digital asset investment vehicles. Canary XRP ETF Targets November Launch In a recent post on X (formerly Twitter), journalist Eleanor Terrett reported that Canary Capital updated its S-1 filing for the spot XRP ETF by removing the “delaying amendment.” Sponsored Sponsored Essentially, this amendment allows the SEC to control the timing of effectiveness by preventing a registration statement from becoming automatically effective. Without it, the filing will automatically take effect after a 20-day waiting period under Section 8(a) of the Securities Act of 1933, unless the SEC issues further comments or takes other action. Thus, by removing the delaying amendment, Canary Funds could see its ETF launch on November 13. However, it is contingent on Nasdaq’s 8-A approval. “Interesting.. Altho XRP docs didn’t have the same comments back-and-forth with the SEC that Solana had. That was one reason issuers was felt they were ready. But hey, worth a try I guess,” Bloomberg’s Eric Balchunas said. Terrett added that the resolution of the government shutdown could impact the timeline. It could potentially delay the process if the SEC staff decides to issue new comments on the filing, or, conversely, expedite approval if the review is already complete and no further revisions are required. “The SEC Chair himself seems to be on board with companies taking advantage of the auto-effective method. While not commenting directly on the ETF launches, @SECPaulSAtkins said yesterday he was pleased to see companies like MapLight using the 20-day statutory waiting period to go public during…