Financial markets are closely monitoring developments as industry observers project the inaugural U.S. spot XRP exchange-traded fund could commence trading as early as Thursday. According to market analysts, Canary Capital’s proposed XRP ETF may begin operations despite the Securities and Exchange Commission’s formal approval remaining technically outstanding. This potential launch represents a significant milestone for digital asset adoption within regulated financial markets, potentially opening new institutional investment pathways for XRP. Market participants note that such a development would mark the first spot ETF exclusively focused on XRP to become available to U.S. investors, following previous regulatory approvals for bitcoin-focused investment products. The anticipated launch comes amid evolving regulatory clarity surrounding digital assets and reflects growing institutional confidence in cryptocurrency infrastructure. Trading platforms and investment firms are reportedly preparing for potential increased XRP liquidity and market activity should the product become operational. Market analysts emphasize that while the timeline appears optimistic, the broader cryptocurrency ecosystem continues to watch for formal regulatory confirmation before the product can officially begin trading.
