XRP Price Prediction: Ripple Token Slumps 3.9% As Canary XRP ETF Eyes Imminent Launch
The XRP price slumped 3.9% over the past 24 hours to trade at $2.49 as of 3:46 a.m. EST on trading volume that plunged 8% to $5 billion. This comes as Canary Capital filed an updated S-1 for its sport XRP ETF (exchange-traded fund), removing the “delaying amendment” that allowed the SEC to control the timing of the registration. The move sets the stage for a potential launch on November 13, pending Nasdaq’s approval of the 8-A filing. 🚨SCOOP: @CanaryFunds has filed an updated S-1 for its $XRP spot ETF, removing the “delaying amendment” that stops a registration from going auto-effective and gives the @SECGov control over timing. This sets Canary’s $XRP ETF up for a launch date of November 13, assuming the… pic.twitter.com/MKvEN23t5P — Eleanor Terrett (@EleanorTerrett) October 30, 2025 After the update, the ETF now qualifies to take effect automatically under section 8(a) of the 1933 Securities Act. The move also comes at ...