Canary Funds' XRP ETF: A Major Crypto Milestone
Update: 2025-11-12
Description
Canary Funds XRP Trust set to become first pure spot XRP ETF in US, potentially boosting XRPs liquidity and attracting institutional investors. Nasdaq certification expected by Wednesday, clearing final regulatory hurdle for a potential Thursday market open. This approval marks a significant milestone for Ripples ecosystem and the wider crypto market, offering full, one-to-one spot XRP backing and potentially paving the way for asset diversification in the US crypto ETF landscape.
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