Canary Capital’s Spot ETF Set for Potential Launch on November 13

The Ripple Swell 2025 conference highlighted significant developments and interest in XRP.

Canary Capital's spot ETF is set to potentially launch on November 13, following an updated S-1 filing. This filing removes a clause that allowed the SEC more control over the effective date.
Retail trading activity has decreased since a major sell-off on October 10, with small investors adopting a cautious stance and large transactions to exchanges significantly reduced.
Speakers at the conference noted increased institutional interest in XRP, with projections suggesting tokenized assets could reach trillions within five years.
Circle plans to begin trading public equities in early December, indicating broader mainstream engagement.
Market participants are advised to focus on long-term trends despite current volatility, as adoption and institutional involvement grow.
Upcoming key dates include monitoring the SEC's actions regarding the ETF and any changes in government operations that might affect timelines.
On-chain signals such as whale transfers and exchange flows remain critical indicators of market movements.

Ripple Conference Image

Investors should pay close attention to these developments, especially around mid-November, as they may influence market dynamics significantly.