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XRP surges minutes before ETF launch amid 'extreme market fear'
Yahoo Finance·2025-11-13 16:27

XRP is defying broader market weakness as anticipation builds for the launch of the first U.S. spot XRP exchange-traded fund (ETF). The rally comes after Nasdaq certified the listing of Canary Capital’s XRP ETF (ticker: XRPC), positioning the product to begin trading as early as Thursday — pending final SEC effectiveness. As of Thursday 8:30 AM ET, Nasdaq formally notified the Securities and Exchange Commission that it had received Canary’s Form 8-A filing, a key step that triggers “automatic effectivene ...