XRP News Today: SEC-Approved XRP ETF Paves Path for Institutional Crypto Adoption

The U.S. Securities and Exchange Commission's approval of Canary Capital’s XRP ETF has ignited a wave of optimism in the cryptocurrency market, marking a pivotal moment for Ripple's XRP token. The spot XRP ETF, set to trade under the ticker XRPC on Nasdaq, became effective on November 10, 2025, following an automatic SEC clearance, according to a Coinotag report. This development allows traditional investors to gain direct exposure to XRP's price movements without the complexities of holding the cryptocurrency directly, as detailed in an Ambcrypto analysis.

The ETF's launch has already triggered a 10% price surge for XRP, pushing it to $2.48, while trading volume increased by 40% within 24 hours, as reported by a Coinrise update.

Canary Capital’s XRP ETF is structured to mirror the token's spot price using the XRP-USD CCIXber Reference Rate Index, ensuring precise tracking, as Coinotag reported. The fund charges a 0.50% management fee, slightly higher than Bitwise’s 0.34% offering but competitive within the emerging XRP ETF landscape, according to an Ambcrypto analysis. Key partners include Gemini Trust and BitGo Trust as custodians, U.S. Bancorp Fund Services for administrative duties, and Paralel Distributors LLC for marketing, according to a Coinotag report. This infrastructure underscores the fund's focus on transparency and regulatory compliance, critical factors for institutional adoption.

The approval follows years of regulatory scrutiny for Ripple, which reached a settlement with the SEC in July 2025. Analysts view the XRP ETF as a validation of XRP's utility in cross-border payments and a catalyst for broader institutional interest. Nate Geraci, an ETF expert, called the approval "a big win for Ripple and crypto investors," noting improved U.S. regulatory sentiment, as Coinrise reported. Steven McClurg, CEO of Canary Capital, highlighted parallels to Solana's ETF debut, suggesting XRP could see similar inflows, as Coinotag reported.

The XRP ETF race is intensifying. 21Shares filed a Section 8(a) amendment for its XRP ETF, triggering a 20-day SEC review period, as reported by a Coinotag report. Franklin Templeton, Grayscale, and other firms are also refining their applications, signaling growing institutional confidence, as the Coinotag report noted. Internationally, XRP ETFs like the Rex-Osprey fund have already attracted $114.6 million in assets, demonstrating demand outside the U.S. market, as the Coinotag report noted.

The market impact is evident in XRP's recent performance. While the token remains below its 50-day and 200-day moving averages, derivatives activity suggests bullish momentum. XRP futures open interest rose 3% on CME and 12% on Binance in a single day, as reported by a Coinrise update. Analysts caution that regulatory clarity alone may not sustain the rally, but the ETF's launch addresses key barriers like custody and compliance, potentially stabilizing XRP's historically volatile price, as a Coinotag analysis noted.

As the XRPC ticker prepares for its Nasdaq debut, the crypto market is watching closely. The XRP ETF's success could set a precedent for other altcoin funds, expanding investment avenues for digital assets. With nine XRP-linked ETFs now in the pipeline, including leveraged and inverse products, Ripple's token is poised to cement its role in mainstream finance, as the Ambcrypto analysis noted.