Bitwise’s XRP ETF could possibly be set to launch within the coming weeks after the agency filed what specialists are calling its “remaining modification” with the U.S. Securities and Trade Fee (SEC).
Bitwise Finalizes Key Particulars for XRP ETF Approval
In its newest submission, Modification No. 4, Bitwise added two particulars typically seen simply earlier than an ETF goes stay. In response to the submitting, the proposed XRP ETF will commerce on the New York Inventory Trade (NYSE) and carry a administration payment of 0.34%.
Bloomberg analyst Eric Balchunas famous that these remaining inclusions usually point out that approval is imminent, describing them as “the final bins to examine.”
Different companies, together with VanEck, Constancy, and Canary Funds, have additionally up to date their XRP-related filings in latest weeks.
NEW: @BitwiseInvest and @Vaneck be part of crew of issuers submitting to probably launch crypto merchandise subsequent month (November). Earlier we had @Constancy and @CanaryFunds file for solana on this approach. Additionally had canary file for XRP. Might be fascinating to see how this performs out. pic.twitter.com/DUog7xlcu3
— James Seyffart (@JSeyff) October 31, 2025
As an illustration, Canary Funds’ newest submission eliminated the “delaying modification” that usually holds again computerized registration. This procedural tweak might permit its spot XRP ETF to go stay as early as mid-November. The flurry of exercise follows rising optimism round regulatory readability for digital asset merchandise.
Often, earlier than the product can launch, the SEC should log out on the issuer’s Type 8-A filings following the obligatory 20-day ready interval. These filings are a key step towards approval to commerce on the alternate as soon as cleared.
Each Bitwise and Canary Funds have already submitted their 8-A types to Nasdaq. This implies the alternate’s remaining approval is now the final hurdle earlier than buying and selling can start.
The launch timeline may change if the U.S. authorities resumes operations earlier than the 20-day interval ends.
Curiosity within the token is rising as institutional buyers improve their investments. As an illustration, the belongings managed by the REX-Osprey XRP ETF (XRPR) have not too long ago surpassed $100 million.
CME Group additionally added extra XRP derivatives to its portfolio. To fulfill the rising demand from skilled merchants, they added new choices.
Bitwise Builds on Solana ETF Success
Bitwise’s XRP submitting comes concurrently the corporate not too long ago launched its Solana ETF (BSOL). SOL-based ETFs noticed over $44 million in new inflows final week, pushing complete belongings above $500 million.
Specialists describe this as a part of a broader “capital rotation” away from Bitcoin and Ether merchandise towards rising layer-1 and yield-generating belongings. Vincent Liu, Chief Funding Officer at Kronos Analysis, famous that “buyers are in search of new narratives and yield-driven alternatives.”
XRP has been touted as one of many following locations for that shifting capital. Some analysts imagine this rotation might move straight into upcoming XRP-based ETFs.
