Nasdaq approves Canary XRP ETF for listing
Crypto Briefing
Nasdaq has approved the listing of the Canary XRP ETF, which is now ready to trade pending SEC registration effectiveness.Summary
Nasdaq has certified to the SEC that it approved the listing of the Canary XRP ETF, which focuses on Ripple's native asset, XRP. Following the submission of the required registration form, the fund is cleared for listing and trading once the SEC's registration becomes effective. Canary's updated SEC filing suggests the fund could begin trading on the Nasdaq Stock Market around November 12–13, with Bloomberg ETF analyst Eric Balchunas noting a potential launch as early as the following day. The ETF will trade under the ticker symbol “XRPC” and will track the XRP-USD CCIXber Reference Rate Index, providing institutional and retail investors access to XRP via traditional brokerage accounts for a yearly fee of 0.5%.
(Source：Crypto Briefing)