Popular ETF Analyst Gives New Timeline for First Spot XRP ETFs Launch

Popular ETF analyst Nate Geraci has highlighted a potential launch window for the first spot XRP exchange-traded funds in the United States

In his remarks, Geraci, the president of NovaDius Wealth Management, suggests that the first U.S. spot XRP ETFs will launch within the next two weeks. This places the potential rollout timeline for XRP spot ETFs around mid-November 2025.

Significance of XRP ETF Launch in the US

Canary’s XRP ETF to Launch on November 13

Meanwhile, Geraci’s projected two-week window aligns with the expected launch timeline for Canary Capital’s proposed XRP ETF. Last week, the asset manager amended its S-1 registration statement, removing the delay clause.

This move effectively positions the fund for a potential debut within 20 days of the amendment, or around November 13.

Notably, Canary Capital employed a similar strategy to roll out its Litecoin ETF and Hedera ETF last month, which have since attracted $1.63 million and $45.93 million in net assets, respectively.

Now, the asset manager intends to use the same method to launch its spot XRP ETF amid the ongoing U.S. government shutdown.

Crypto journalist Eleanor Terrett suggests that the potential launch of Canary’s XRP ETF hinges on Nasdaq approving the fund’s Form 8-A application and the possibility of the SEC not issuing additional comments.

First XRP ETF Sees Strong Demand

Despite Geraci’s remarks, the U.S. has already witnessed the launch of its first spot XRP ETF — the REX-Osprey ETF. It debuted in September and has since accumulated around $106 million in total assets.

Following its success, market speculation suggests that upcoming spot XRP ETFs from seven prospective issuers, including Canary Capital, WisdomTree, 21Shares, Grayscale, and Bitwise, could also experience strong investor demand upon launch.

Bitwise CIO Matt Hougan has predicted that the combined assets of these XRP ETFs could surpass several billion dollars within a few months of their trading debut.