XRP News Today: Firms Fast-Track XRP ETFs by Bypassing SEC Delays

The race to launch the first U.S. spot XRP exchange-traded fund (ETF) is accelerating, with major asset managers including Franklin Templeton, Bitwise, and Canary Capital revising their SEC filings to expedite approvals. These firms have adopted a strategy of removing the "delaying amendment" from their S-1 registration statements, allowing their ETFs to become automatically effective 20 days after filing under Section 8(a) of the Securities Act of 1933. This approach bypasses direct SEC sign-off, a tactic previously used successfully by issuers of Solana (SOL), Litecoin (LTC), and Hedera (HBAR) ETFs during the recent government shutdown XRP ETF Race Heats Up as Franklin, Bitwise Revise S-1 Filings.

The move signals growing confidence in regulatory clarity following the resolution of Ripple's five-year legal battle with the SEC in August 2025. Analysts like Nate Geraci of NovaDius Wealth Management predict multiple XRP ETFs could launch within two weeks, with Canary Capital targeting November 13 and Franklin Templeton aiming for a mid-November debut Franklin Templeton Files Updated XRP ETF S-1 With Plans for Launch Later This Month. These filings align with broader industry momentum: over 150 crypto ETFs are pending with the SEC, spanning 35 digital assets, while XRP ranks third in filings after Bitcoin and Solana XRP ETF Race Heats Up as Franklin, Bitwise Revise S-1 Filings.

Market participants are already reacting. XRP surged 1.55% to $2.53 on November 11, outperforming the broader crypto market, as institutional flows accelerated XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65. Trading volume spiked 20.71% above the seven-day average, with 140.2 million tokens exchanged during peak hours, reflecting controlled accumulation by large holders XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65.

On-chain data further underscores this trend: investors withdrew $556 million worth of XRP from exchanges over the past week, signaling strong confidence in future price growth $550 Million XRP Accumulation Shows Effect, Price Rallies ....

Technical indicators reinforce bullish sentiment. XRP has rebounded from key support levels at $2.50–$2.52, with the Relative Strength Index (RSI) at 58 and MACD showing widening positive momentum XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65. Analysts highlight that a daily close above $2.57 could trigger a move toward $2.65–$2.70, while failure to defend $2.52 risks a pullback to $2.45–$2.47 XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65. The token's structure on the 4-hour chart also suggests a potential breakout after weeks of consolidation within a descending wedge Ripple Price Analysis: Is XRP Preparing for Another Leg ....

Regulatory progress and institutional adoption are seen as critical catalysts. The Depository Trust & Clearing Corporation (DTCC) has already listed five spot XRP ETFs, including those from Franklin, Bitwise, and Canary, ahead of a U.S. launch XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65. These products will enable investors to gain exposure to XRP through regulated vehicles, a shift that The Motley Fool's analysis attributes to increased demand for crypto-enabled solutions in traditional finance Here's Why XRP Is Crypto's Best-Performing Large-Cap .... Ripple CEO Brad Garlinghouse has emphasized the network's role in cross-border transactions and tokenization of real-world assets, further bolstering institutional interest Here's Why XRP Is Crypto's Best-Performing Large-Cap ....

However, short-term risks remain. While XRP's rally has decoupled it from broader crypto weakness, analysts caution that overextended momentum could lead to corrections ahead of macroeconomic data releases later this week XRP ETF Hopes Drive Ripple-Linked Token Bulls to Target $2.65. Additionally, the SEC's response to the 8(a) strategy—though currently unchallenged—remains a wildcard. For now, the market appears focused on the potential for XRP ETFs to drive billions in inflows, with industry forecasts suggesting combined assets under management could exceed $10 billion within months Franklin Templeton Files Updated XRP ETF S-1 With Plans for Launch Later This Month.