Home Canary Funds’ XRP ETF Set For Launch On November 13

Canary Funds’ XRP ETF Set For Launch On November 13

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Canary Funds’ XRP ETF Set For Launch On November 13 | 3verseTV
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Canary Funds has completed its final filing with the U.S. SEC, paving the way for the launch of its spot XRP ETF on November 13. The filing became effective at 5:30 PM ET on November 12, pending Nasdaq certification.

Listed under the ticker “XRPC,” the ETF will directly hold XRP, making it the first “pure-play” spot XRP ETF in the U.S. Unlike other products filed under the Investment Company Act of 1940, Canary’s ETF falls under the 1933 Securities Act, allowing full XRP backing. Other issuers may follow soon.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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