Canary XRP ETF clears final hurdle ahead of expected debut this week
Crypto Briefing
Canary Capital filed its Form 8A, clearing the final hurdle for its XRP ETF to list on Nasdaq this week.Summary
Canary Capital has taken the final step toward launching its XRP Exchange-Traded Fund (ETF) in the U.S. by filing a Form 8-A12B with the U.S. Securities and Exchange Commission (SEC) to register the fund for listing on the Nasdaq Stock Market. This filing enables the necessary securities registration for exchange listing. The move follows Canary's recent removal of a delaying amendment from its application, which allows for automatic effectiveness. According to Bloomberg ETF analyst Eric Balchunas, this action clears the path for trading to begin imminently, potentially as early as November 12–13, mirroring the timeline of a prior HBAR ETF launch.
(Source：Crypto Briefing)