XRP Goes Mainstream: First-Ever US Spot XRP ETF Approved—Trading Starts Tomorrow
XRP Goes Mainstream: First-Ever US Spot XRP ETF Approved—Trading Starts Tomorrow
The US has officially approved its first-ever spot XRP ETF, with Nasdaq certifying Canary Capital’s XRPC fund for trading beginning November 13. This approval marks a significant milestone for XRP's institutional adoption, aligning with the growing momentum of altcoin ETFs on Wall Street. Despite the positive news, market observers are noting mixed on-chain signals and whale profit-taking, leading to speculation about a potential 'sell-the-news' reaction among traders.
The first-ever US spot XRP ETF has officially been approved, with Nasdaq certifying Canary Capital’s XRPC fund for trading on November 13. The launch marks a major milestone for XRP’s institutional adoption as altcoin ETFs gain momentum across Wall Street. But with mixed on-chain signals and whale profit-taking ahead of launch, traders are watching closely for a potential “sell-the-news” reaction.
The post XRP Goes Mainstream: First-Ever US Spot XRP ETF Approved—Trading Starts Tomorrow appeared first on BeInCrypto.