The Canary XRP ETF has officially been approved for listing on the Nasdaq, becoming the first ever XRP exchange-traded fund (ETF) to get SEC registration. According to reports, the ETF was automatically approved after the issuer filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC).
The filing, signed by Canary Capital Group CEO Steven McClurg on November 10, 2025, confirms that the ETF’s shares are registered under the Securities Exchange Act of 1934 and will trade under the ticker “XRPC.” This means the long-awaited XRP fund could begin trading in just a few days.
What the Filing Reveals
According to the SEC document, the ETF’s shares are registered under the Securities Exchange Act of 1934, with the Nasdaq designated as the official trading venue. The registration refers back to the Form S-1 filing submitted on October 24, 2025, which outlined the trust’s structure and investment approach.
The ETF will operate as a common share of beneficial interest, managed by Canary Capital Group LLC, with the intent of providing investors exposure to XRP in a regulated, accessible format.
Market Getting Excited
The news has already boosted XRP’s price, helped by other positive signs like the possible end of the U.S. government shutdown. Many in the crypto community say this ETF could attract new investors and bring XRP closer to mainstream markets.
FAQs
How was the Canary XRP ETF approved?
The issuer filed Form 8-A, triggering automatic registration under the Securities Exchange Act of 1934, clearing the way for trading.
When will the XRPC ETF start trading on Nasdaq?
With registration complete, the ETF is expected to begin trading within days, depending on final exchange scheduling.
What does the ETF offer to XRP investors?
It provides regulated, exchange-traded exposure to XRP without requiring direct token custody or specialized crypto knowledge.
How did the XRP market react to the ETF approval?
XRP saw a price boost as traders anticipate broader investor access and stronger mainstream recognition.
