Franklin Templeton, Bitwise, and Canary Capital have all filed updated S-1 registration statements with the Securities and Exchange Commission (SEC) in recent days, intensifying the race to launch the first U.S. spot XRP exchange-traded fund (ETF).<\/p>\n
The filings, posted between October 31 and November 4, suggest issuers are eyeing mid-November for potential launches.<\/p>\n
Earlier today, Bloomberg ETF analyst James Seyffart revealed<\/a> that Franklin Templeton had submitted an amended S-1 featuring shortened \u201c8(a)\u201d language, an important legal tweak that allows a registration to take effect automatically within 20 days, bypassing direct SEC sign-off. The prospectus, dated November 4, outlines that the Franklin XRP Trust will hold the token as its primary asset, tracking its price performance.<\/p>\n Both Bitwise and Canary Capital made similar filings last week, removing the \u201cdelaying amendment\u201d that normally lets the SEC control approval timing. According to journalist Eleanor Terrett, this move positions<\/a> Canary\u2019s ETF for a November 13 debut, assuming Nasdaq grants final clearance through its 8-A filing.<\/p>\n This approach mirrors the strategy used by issuers of the Solana (SOL), Litecoin (LTC), and Hedera (HBAR) ETFs last month, which launched<\/a> under the same automatic rule despite parts of the U.S. government being shut down. Those launches were successful, with Bitwise\u2019s BSOL ETF even recording<\/a> $56 million in first-day trading volume, the highest among over 850 ETFs launched this year.<\/p>\n The expected XRP ETF wave comes at a time when over 150 crypto ETF filings are pending<\/a> with the SEC, spanning 35 different digital assets. The Ripple token currently ranks third among all crypto ETF targets, with around 20 separate filings, trailing only Solana and Bitcoin.<\/p>\n Industry watchers say these developments show a clear shift in regulatory tone, following the end of Ripple\u2019s five-year legal dispute with the SEC in August 2025. Analysts such as Nate Geraci of NovaDius Wealth Management believe<\/a> XRP ETFs could \u201claunch within the next two weeks,\u201d marking what he called a \u201cmajor moment\u201d for mainstream crypto investing.<\/p>\n The post XRP ETF Race Heats Up as Franklin, Bitwise Revise S-1 Filings<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Franklin Templeton, Bitwise, and Canary Capital have all filed updated S-1 registration statements with the Securities and Exchange Commission (SEC) in recent days, intensifying the race to launch the first U.S. spot XRP exchange-traded fund (ETF). The filings, posted between October 31 and November 4, suggest issuers are eyeing mid-November for potential launches. Major Asset […]<\/p>\n","protected":false},"author":0,"featured_media":110579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110578"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110579"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Broader Market Implications and Investor Outlook<\/h2>\n