XRP ETF News Today: Ripple, Bitwise, Canary Gear Up for 13 Nov Launch

Have you been following the latest XRP ETF News?

If not, here’s what’s happening after years of waiting, the altcoin is finally about to enter Wall Street in a big way. Following Ripple’s major legal victory against the SEC, the spot XRP ETFs could launch very soon, and investors are already getting excited.

Source: X (formerly Twitter)

ETF analyst Nate Geraci summed it up in one line:

“The launch of spot XRP ETFs will be the final nail in the coffin of anti-crypto regulators. We’ve come a long way.”

His comment reflects the mood across the crypto world of optimism, relief, and a sense that Ripple’s long battle is finally paying off.

Ripple’s Case Ends, Momentum Begins

For five years, Ripple was locked in a lawsuit with the U.S. Securities and Exchange Commission (SEC). That case stopped the altcoin from getting its own ETF while other major cryptos like Bitcoin and Ethereum moved ahead. But three months ago, the court ruled in Ripple’s favor.

This victory didn’t just clear it’s name, it opened the door for regulated investment products tied to the token. And now, big financial firms are jumping in.

ETF Tracker Shows Surging Interest

Data shows that several related funds already live in the market. These include:

• Teucrium 2x Long Daily ETF – priced at $23.15 with $322 million AUM

• Volatility Shares ETF – $15.08 price, $187.9 million AUM

• ProShares Ultra ETF – $20.68 price, $85.2 million AUM

• REX-Osprey XRP ETF (XRPR) – the first spot-based investment vehicle for this crypto, holding $106.5 million AUM

Most of these are futures-based ETFs, meaning they track it’s price using contracts instead of holding the asset itself. But REX-Osprey’s fund is the real deal, a spot exchange traded fund that directly tracks token’s value.

Spot XRP ETFs on the Horizon

The next major step is the expected launch of investment products from Bitwise and Canary Funds.
Bitwise recently updated its filing with a 0.34% fee and approval to list on the NYSE usually the last step before going live. Canary Funds also removed a rule that lets the SEC delay approval, meaning its fund can automatically launch after a 20-day period.

Experts now believe the first U.S. spot XRP ETFs could start trading by mid-November 2025. Bloomberg analysts say these are the “final boxes to tick” before full approval.

Big Money Is Already Moving In

Large institutions aren’t waiting for launch day. Virtu Financial has disclosed $63 million worth of holdings in this altcoin, while Armada Acquisition Corp. II has adopted a $1 billion XRP treasury strategy. Even the CME Group has added new futures and options of this digital coin, with trading volumes already crossing $26.9 billion.

This growing participation from traditional finance shows that it is no longer just another crypto token, it's becoming a recognized part of the broader investment world.

A New Chapter Unfolds

The rise of XRP ETFs approval marks a major turning point. What began as a long legal fight has turned into one of crypto’s biggest comebacks. With legal clarity, institutional support, and strong investor demand, it now stands alongside Bitcoin and Ethereum as a serious player in regulated finance.

The first spot exchange traded fund could launch any week now and when they do, it might just change how the world sees Ripple’s token forever.