XRP ETF Set to Launch in November: Key Details, Major Issuers, and Impact on the XRP Price

The cryptocurrency sector is gearing up for the highly anticipated launch of the XRP ETF in November 2025. With prominent issuers like Canary Capital, Franklin Templeton, Bitwise, and 21Shares advancing their XRP ETF filings and technical preparations, the stage is set for XRP ETFs to have a sizable influence on both investor strategy and the overall market valuation of XRP. In this comprehensive guide, we analyze the current status of the XRP ETF, highlight the main companies bringing XRP ETFs to market, explore regulatory processes, and look at how the launch could impact XRP price action.

Canary XRP Spot ETF Set for November 13 Launch: Status and Context

Canary Capital has officially announced its plans to launch the first spot XRP ETF on November 13, 2025. This development comes after several XRP ETF filings were added to the Depository Trust & Clearing Corporation (DTCC) database, including products from Franklin Templeton, Bitwise, CoinShares, and Canary itself. The Franklin XRP Trust (XRPZ) and the CoinShares XRP ETF (XRPL) are both listed as "active," signaling imminent readiness for trading.

The XRP ETF market is further strengthened by recent filings and amendments from 21Shares and Bitwise, reflecting accelerated institutional interest. These moves suggest that multiple XRP ETFs could begin trading on U.S. exchanges later this month, opening the door to a broader investor base and potentially changing how XRP is traded and valued.

Key Companies Driving the XRP ETF Launch

Several major financial players are at the forefront of this landmark development for the XRP ETF:

• Canary Capital: Canary’s innovative “no-delay amendment” approach means its XRP ETF can enter the market just 20 days after filing, streamlining the approval process.

• Franklin Templeton: Their Franklin XRP Trust (XRPZ) is one of the first XRP ETF products showing as active on DTCC, a leading indicator of imminent debut.

• Bitwise Asset Management: After seeing success with its Solana ETF, Bitwise has filed updates for its XRP ETF, with the firm projecting that the fund could reach billion-dollar inflows in its first few months.

• 21Shares: The company’s recent activity with the U.S. Securities and Exchange Commission (SEC) paves the way for another XRP ETF entry, with a 20-day waiting period underway.

• WisdomTree: Market observers expect WisdomTree to join the XRP ETF race soon, bringing further competition and choice for investors.

Notably, some issuers—like REX Shares (Osprey XRP ETF, ticker: XRPR)—have already launched unique legal-structure ETFs tracking XRP in limited U.S. markets, but broad-based spot ETF approval under the Securities Act of 1933 is expected to bring unprecedented mainstream exposure.

Automatic Launch of the XRP ETF Despite Government Shutdown

A notable aspect of the XRP ETF launch is its ability to proceed despite a partial U.S. government shutdown. Thanks to streamlined “generic listing standards” and the removal of “delaying amendments,” the approval process for the XRP ETF is much faster. These regulatory advancements allow any qualifying XRP ETF to automatically go live after a 20-day period, circumventing delays that previously plagued ETF launches during government inactivity.

This regulatory clarity reflects shifting attitudes. As seen during previous U.S. administrations, policies and personnel shifts at the SEC have greatly influenced the pace and viability of cryptocurrency funds like the XRP ETF. Issuers are making use of these new guidelines to expedite the introduction of XRP ETFs, supporting broader access and innovation across the market.

The First Spot XRP ETF: Projected Performance and Impact

The launch of the first spot XRP ETF is poised to have a substantial impact on both the investment landscape and XRP price action. Historical precedent, such as the REX-Osprey XRP ETF listed under a unique legal structure, demonstrates the strong appetite among institutional and retail investors for cryptocurrency funds.

As multiple XRP ETFs prepare to go live, significant capital inflows are expected. Industry leaders predict that the XRP ETF could quickly amass assets in the billions, following trends seen with both Bitcoin and Solana ETFs. This surge of investment could greatly enhance liquidity for XRP and support stronger price discovery on exchanges.

XRP Price Forecast for November

As of November 10, 2025, XRP is trading near $2.48 according to leading market data. Technical analysis shows that XRP remains in a neutral short-term trend, with the 20-day exponential moving average (EMA) sitting below price at $2.42—a sign of recent buying interest. However, both the 50-day EMA ($2.56) and 200-day EMA ($2.68) remain above the current price, indicating the broader uptrend is not yet fully confirmed.

Source: CoinMarketCap

Momentum indicators such as the Relative Strength Index (RSI) at 51.18 show a market in balance, while MACD and Bollinger Bands display modest volatility. Short-term price action suggests a potential trading range between $2.39 and $2.53, with breakouts possible if the XRP ETF generates large new inflows. Overall market sentiment is cautious, but the presence of multiple XRP ETFs could serve as a catalyst for further bullish movement.

Conclusion

The November launch of the XRP ETF is set to become one of the most consequential events in the history of XRP and the broader cryptocurrency market. With major financial institutions like Canary Capital, Bitwise, 21Shares, and Franklin Templeton leading the charge, the XRP ETF is on track to provide regulated, liquid exposure to XRP for a global investor audience. The regulatory framework now enables XRP ETFs to launch quickly and efficiently, even during governmental interruptions, signaling a new era for digital asset investing.

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.