After years of legal limbo, regulatory red tape, and enough delays to make you question if this is a cryptocurrency or a government project, the first 100% XRP ETF might finally launch on Nov 13. If the SEC doesn’t do something stupid, which they totally will, but maybe not this time. Fingers crossed… for some reason.
XRP’s price has been bouncing around like a caffeinated squirrel lately. Whales, those mythical creatures who somehow always know when to sell, are allegedly prepping a “sell-the-news” move. Classic. Buy the rumor, sell the reality. Why do we even trust them? They’re just big fish in a tiny pond. 🐳💸
Latest on the XRP ETF Front
The SEC dragged its feet for months, but somehow a government shutdown created a loophole? Who knew? Canary Capital ditched its “delayment amendment” like it was last season’s crypto trend, and now everyone’s copying. If Nasdaq approves their 8-A filing-which they probably will, because why not?-this thing could go live in 20 days. Unless the SEC objects. Or the internet crashes. Or aliens invade. Priorities, people.
Eleanor Terrett, who’s basically the Yoda of XRP ETFs, said Canary filed its 8-A “last night.” That means it’s “final step” time! According to her, the ETF could launch Thursday at market open. If Nasdaq doesn’t trip over its own bureaucracy. Which they might. But let’s pretend they won’t. 🙏
Canary filed 8A for XRP ETF last night, which points to launch tomorrow or Thursday (today is holiday). Thursday was the day we thought they’d be on track for but when they did the 8A for HBAR they launched the next day. Not done deal but all boxes being checked. Stay tuned..
– Eric Balchunas (@EricBalchunas) November 11, 2025
Bloomberg’s Eric Balchunas, who’s basically a financial guru, said it’s not a done deal… because nothing is ever a done deal in crypto land. But hey, “all boxes are being checked.” That’s a technical term for “we’re pretending this works.”
XRP Whales Keep Selling?
Ripple whales went on a buying spree after last year’s election, pushing XRP to $3.65. Then they vanished. Now they’re selling 90 million tokens in 72 hours? What’s next, a press release saying “Whales Are Just Old People With Bad Wi-Fi”? 🐳👵
90 million $XRP sold by whales in 72 hours!
– Ali (@ali_charts) November 11, 2025
So, are these whales “buying the rumor and selling the news”? Of course. They’re professionals. You’re not. Don’t trust them. Or me. Or the SEC. Or your broker. Just… don’t panic. Probably. 🤷♂️
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2025-11-12 10:20