Hold onto Your Hats! The Great XRP ETF Race Is On, and It’s As Exciting as a Cat on a Hot Tin Roof

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Well now, folks, it seems we have ourselves a real crowd-pleaser in the world of finance-XRPland’s latest bucking bronco, the ETF. 21Shares done gone and filed an amended prospectus for their spot XRP ETF, pushin’ it a smidge closer to the SEC’s blessing-like a polite nudge from Aunt Peggy. And what’s more, they’ve started the countdown timer, which, for all intents and purposes, is about as good as shouting, “Y’all better get ready!” 🎯

Bloomberg’s own Eric Balchunas, a feller with more charts than a town had taverns, tweeted:
“21Shares just dropped an 8(a) for their spot XRP ETF. 20 day clock in effect.” 👀

21Shares just dropped an 8(a) for their spot XRP ETF.. 20 day clock in effect..

– Eric Balchunas (@EricBalchunas) November 7, 2025

Now, what does this mean in the grand scheme? Well, these issuers are filing amendments to their fancy S-1 registration sheets, which include somethin’ called “no delaying amendment”-that’s SEC speak for “don’t hold your breath, folks.” These filings kick in after 20 days unless the SEC shows up with a stick and says, “Hold on there, pardner.” As usual in this rodeo, other players like Canary Capital are circlin’ the corral, filing their own papers similar to a bunch of jittery gamblers at the county fair.

The Countdown to XRP ETF-Y’all Better Brace Yourselves

Canary Capital, never one to let the grass grow under their feet, quipped:
“Get ready: Canary XRP ETF (XRPC) is coming soon.” 🚀 And if that weren’t enough excitement, they’re already breakin’ ground with Litecoin and Hedera ETFs, makin’ this whole affair look less like a gamble and more like a race to see who can get to the prom first.

When it finally hits, this XRP ETF will be trading on Nasdaq under the ticker XRPC-just like an ol’ western showdown-and stores XRP safely with the trustworthy folks at Gemini Trust and BitGo Trust, all priced with a fancy index from CoinDesk.

Now, folks, the buzz around XRP isn’t just talkin’ about ETFs. Ripple, the grand ol’ company behind the whole hullabaloo, announced shiny new partnerships with Mastercard and WebBank to settle things with RLUSD and XRP Ledger-this here tech now topped 100 million ledgers, and their stablecoin crossed a billion dollars like it was a stroll in the park.

All the while, the XRP community is sittin’ on the edge of their saddle, waitin’ to see if the SEC will let this nifty little spot ETF slip through, possibly bringing in barnyard’s worth of institutional investors. If Canary’s registration goes off without a hitch, we might just be lookin’ at the newest penny in the fountain of financial fortune.

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2025-11-08 16:45