Five Spot XRP ETFs Expected to Launch in the U.S. by End of November
Five spot XRP ETFs from CoinRP are anticipated to hit the U.S. market by the end of November. The latest DTCC list, updated last Friday, includes both active ETFs that can be processed at the DTCC and pre-launch ETFs that currently cannot. Typically, pre-launch ETFs lack the necessary regulatory and other approvals.
Nearly a week ago, Cryptopolitan reported that XRP ETFs are expected to launch in the U.S. within the next two weeks. U.S. SEC filings reveal multiple XRP ETF products in the pipeline, and the removal delay clauses found in their S-1 filings suggest that approval is almost guaranteed.
Cryptopolitan also noted that REX-Osprey’s XRPR ETF is already active in U.S. markets, and rising XRP ETF speculation has created new market opportunities for XRP Tundra.
Nate Geraci Predicts XRP ETFs Could Launch This Week
Nate Geraci, co-founder of the ETF Institute, stated earlier today that the conclusion of the government shutdown means the floodgates for spot crypto ETFs are opening. He highlighted that the first ‘33 Act spot XRP ETF could launch as early as this week.
In last week’s ETF buzz, Geraci disclosed that Canary’s spot XRP ETF is coming soon, potentially by the end of this week. Canary Capital filed with the U.S. SEC on November 8, seeking to list and trade on The Nasdaq.
The CoinDesk Indices calculate the Pricing Benchmark based on a 60-minute time-weighted average price of the XRP-USD CCIXber Reference Rate. The Trust also intends to use Gemini and BitGo as its XRP custodians.
Geraci further mentioned that WisdomTree has filed for the CoinDesk 20 ETF, which will hold 20 of the largest crypto assets by market capitalization that are eligible for inclusion in the index. XRP is expected to represent nearly 19.6% of the total holdings.
“Sometime in the next two weeks, I expect the launch of the first spot XRP ETFs. The SEC had open litigation against Ripple for the past five years, up until three months ago. In my opinion, the launch of spot XRP ETFs represents the final nail in the coffin of previous anti-crypto regulators.”
— Nate Geraci, Co-founder of the ETF Institute
October Breaks Record with 136 ETF Launches
Geraci’s weekly ETF buzz revealed that October recorded a remarkable 136 ETF launches. However, Roundhill CEO Dave Mazza emphasized the challenges faced by small, upstart issuers trying to survive in the competitive ETF landscape, a situation well documented in the industry.
Investor Interest Surges: Charles Schwab Reports
Charles Schwab’s latest ETF study indicates that nearly 62% of investors can envision putting all their money into ETFs. Half of those surveyed (50%) said they could be fully invested in ETFs within the next five years.
Schwab interprets this data as a sign of growing affinity for and reliance on ETFs to meet a broad range of investment needs. Additionally, 66% of respondents began investing in ETFs within the past five years.
The study found that the vast majority of investors (approximately 94%) agree that ETFs help maintain low portfolio costs, while 46% said ETFs provide access to asset classes that might otherwise be inaccessible.
David Botset, Managing Director and Head of Strategy, Innovation, and Stewardship at Schwab Asset Management, remarked that the investment world is undergoing rapid transformation. He pointed out that ETF investors are at the forefront of this evolving landscape.
Botset believes many investors are using ETFs—which now outnumber individual U.S. stocks—for low-cost core portfolio investments. He also noted that 48% of ETF investors want exposure to fixed income allocations.
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