The expected altcoin ETF decisions could not be announced due to the closure of the US government.
However, with the new rules accepted by the SEC in recent months, Solana (SOL), Litecoin (LTC), and Hedera (HBAR) ETFs started trading in recent weeks without a separate SEC approval.
While the absence of an XRP ETF is notable, the launch date for XRP ETFs is also approaching rapidly.
ETF Store President Nate Geraci stated in a post from his X account that the end of the US government's shutdown has opened the way for a number of XRP ETFs.
At this point, among the first to be launched is the Canary Capital spot XRP ETF, which will start trading on Nasdaq on November 13.
The Canary Capital spot XRP ETF is also followed by the ETFs of several major financial institutions: Franklin Templeton is preparing to launch its XRP ETF on CBOE on November 18. Subsequently, the XRP ETFs of 21Shares, Bitwise, and CoinShares are expected to be launched between November 20-22. After that, Grayscale and WisdomTree's XRP ETF will conclude around November 25 on the New York Stock Exchange.
The XRP ETF is expected to start trading in the very near future, while it has been reported that five spot XRP ETFs have completed their registration with the Depository Trust & Clearing Corporation (DTCC) as part of the ETF launch process.
These include Franklin Templeton's 'Franklin XRP Trust (XRPZ)', 21Shares' 'XRP ETF (TOXR)', Bitwise's 'XRP ETF (XRP)', Canary Capital's 'XRP ETF (XRPC)', and CoinShares' 'XRP ETF (XRPL)'.
Stay tuned for the latest developments.
