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Canary Capital plans to launch the XRP Spot ETF on November 13.
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According to Odaily Planet Daily, crypto journalist Eleanor Terrett stated that Canary Capital has submitted an updated S-1 form for its XRP Spot ETF, removing the delay amendment clause and giving time control to the U.S. SEC. If Nasdaq approves the 8-A form application, Canary's XRP ETF will be launched on November 13. The government's reopening may affect the timeline; if the application materials are complete and the U.S. SEC is satisfied, the timeline may be advanced; if there are more opinions, the timeline may be delayed. The U.S. SEC chairman supports companies utilizing the automatic effectiveness mechanism, and Paul SAtkins praised the legal mechanisms used by Bitwise and Canary for launching the SOL, HBAR, and LTC ETFs this week.
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