{"id":15265,"date":"2025-11-05T13:00:10","date_gmt":"2025-11-05T13:00:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-etf-buzz-grows-as-franklin-templeton-and-bitwise-eye-november-launch\/"},"modified":"2025-11-05T13:00:25","modified_gmt":"2025-11-05T13:00:25","slug":"xrp-etf-buzz-grows-as-franklin-templeton-and-bitwise-eye-november-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-etf-buzz-grows-as-franklin-templeton-and-bitwise-eye-november-launch\/","title":{"rendered":"XRP ETF buzz grows as Franklin Templeton and Bitwise eye November launch"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The race to launch an XRP ETF on the U.S market is underway as firms like Bitwise, Franklin Templeton and Canary Capital prepare to launch ETFs in November.<\/p>\n<div id=\"cn-block-summary-block_617e765c938ae1baf51ca425b06534dd\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Major investment firms including Franklin Templeton, Bitwise, and Canary Capital are racing to launch their XRP exchange-traded funds in November after amending SEC filings to bypass potential regulatory delays.<\/li>\n<li>Analysts predict that the debut of U.S. spot XRP ETFs could spark renewed investor optimism and drive short-term price gains, though market caution remains amid bearish technical signals.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Traders are gearing up for the launch of XRP exchange-traded funds on the U.S market as major investment firms move to amend SEC filings in preparation for a November launch. One of the firms that recently updated their S-1 Form is global investment giant Franklin Templeton.<\/p>\n<p>In a recent <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/JSeyff\/status\/1985839225875443892?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1985839225875443892%7Ctwgr%5E0686c7c0a5b1c97b5df28c5cfcb064dc84faa599%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.tradingview.com%2Fnews%2Fcoinpedia%3Ae1541eade094b%3A0-franklin-templeton-removes-sec-clause-bringing-xrp-spot-etf-closer-to-approval%2F\">post<\/a> on Nov. 5, ETF analyst James Seyffart highlighted Franklin Templeton\u2019s updated S-1, which removed the \u201c8(a)\u201d clause. The rule previously allowed for the SEC to delay the launch of an ETF at its discretion.<\/p>\n<p>\u201cFTI_US files updated XRP ETF s-1 with shortened 8(a) language. Looking to launch this month,\u201d said Seyffart in his latest <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/JSeyff\/status\/1985839225875443892?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1985839225875443892%7Ctwgr%5E0686c7c0a5b1c97b5df28c5cfcb064dc84faa599%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.tradingview.com%2Fnews%2Fcoinpedia%3Ae1541eade094b%3A0-franklin-templeton-removes-sec-clause-bringing-xrp-spot-etf-closer-to-approval%2F\">post<\/a>.<\/p>\n<p>With this update, it would make the ETF automatically effective for a listed approval after the 20-day waiting period. This means that Franklin Templeton\u2019s XRP (XRP)-backed ETF could still launch on the market even if the SEC remains inactive due to a government shutdown.<\/p>\n<p>According to the global investment management firm\u2019s latest filing, its XRP ETF is expected to launch sometime in mid-November, specifically around November 13.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Though, Franklin Templeton is not the only firm eyeing a November launch.\u00a0Both Bitwise and Canary Capital have also  amended their applications by removing the so-called \u201cdelaying amendment\u201d which would make their ETFs automatically poised for a faster launch.<\/p>\n<p>On Oct. 31, journalist Eleanor Terrett <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/EleanorTerrett\/status\/1983973905896210716\">predicted<\/a> that Canary Capital\u2019s spot XRP ETF could be the first to hit the market, with a potential November 13 launch date. However, she also noted that the final decision still depends on Nasdaq\u2019s acceptance of the fund\u2019s Form 8-A registration, which is the last procedural step before trading can officially begin.<\/p>\n<p>If the form gets approved, this means that Canary Capital and Franklin Templeton could be launching their XRP ETFs on the same day or consecutively. Meanwhile, Bitwise\u2019s XRP ETF is scheduled for a later launch, sometime between November 19 to 20.<\/p>\n<p>In total, there are around seven U.S spot XRP-backed ETF application awaited approval, including firms like Grayscale, 21Shares and WisdomTree in line holding updated S-1 forms with the SEC.<\/p>\n<h2 class=\"wp-block-heading\">Could XRP get a price boost from an XRP ETF launch?<\/h2>\n<p>Analysts believe that the launch of an XRP ETF this November could provide a much-needed boost to the XRP token, which is nearing a death-cross pattern. <\/p>\n<p>Historically, the launch of crypto-based ETFs has often acted as a catalyst for institutional adoption, offering investors a regulated and convenient way to gain exposure to digital assets without directly holding them. However, the recent launch of Solana ETFs have proven that the rally could be too brief to hold much weight.<\/p>\n<p>After the launch of Bitwise\u2019s Solana Staking ETF on Oct. 28, SOL briefly jumped past $200. Though, it quickly retracted below the $200 threshold and continued to plummet further down. At the moment, the token has fallen to $157 as it tries to hold up in the $150 zone.<\/p>\n<p>At press time, XRP appears to be consolidating after a recent steep correction that pushed prices toward the $2.10 region. The 30-period moving average sits just above the current price at $2.23, acting as a short-term resistance level. XRP\u2019s inability to sustain momentum above this moving average suggests that bearish pressure remains present in the market. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">XRP price could potentially receive a boost from the upcoming launch of XRP ETFs in the U.S market | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/klwkjTNu\/?symbol=BITSTAMP%3AXRPUSD\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>However, the Relative Strength Index has started to recover from oversold territory, currently hovering around 48. This indicates a potential attempt by buyers to regain control if sentiment improves.<\/p>\n<p>If XRP follows the same trajectory, a confirmed ETF listing could push the token above the $2.40 to $2.60 range, where previous support turned into resistance. Sustained buying pressure beyond that level might open the door to $3 or higher.<\/p>\n<p>On the other hand, if the launch of XRP ETFs does not have the intended effect on XRP, the token could revisit the $2.00 psychological support. While the technical setup remains neutral-to-bearish in the short term, the ETF narrative continues to offer the strongest upside potential for a medium-term rebound at the moment.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The race to launch an XRP ETF on the U.S market is underway as firms like Bitwise, Franklin Templeton and Canary Capital prepare to launch ETFs in November. Summary Major&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15265"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15265\/revisions"}],"predecessor-version":[{"id":15266,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15265\/revisions\/15266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13774"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}