According to @EleanorTerrett, Canary Funds launched the first XRP spot ETF on Wall Street under ticker XRPC, describing its debut as record-breaking, which puts immediate focus on liquidity, spreads, and flows for XRP-linked trading strategies; source: @EleanorTerrett on X, Nov 14, 2025. The same post adds that Paul S. Atkins shared next steps in Project Crypto, flagging ongoing regulatory developments traders should track for exchange-traded crypto products; source: @EleanorTerrett on X, Nov 14, 2025. For execution and risk management, traders should monitor XRPC daily volume, AUM changes, bid-ask spreads, and premium or discount to NAV because these metrics affect liquidity and fill quality; source: U.S. SEC Investor Bulletin: Exchange-Traded Funds (Investor.gov). For data confirmation on flows and holdings, check issuer communications and trading updates; source: @CanaryFunds on X.

According to @EleanorTerrett, Canary Funds’ XRP ETF (ticker XRPC) became officially effective at 5:30 PM ET after Nasdaq certified the listing, clearing XRPC to launch at tomorrow’s market open. According to @EleanorTerrett, the confirmed details include the issuer (Canary Funds), venue (Nasdaq), ticker (XRPC), and launch timing (tomorrow at the opening bell), with no additional terms disclosed in the source.

According to @EleanorTerrett, the REXShares XRPR ETF came first under the Investment Company (40) Act and offers partial spot $XRP exposure with less efficient tax treatment (source: @EleanorTerrett on X, Nov 11, 2025). According to the same source, Canary Funds is set to launch the first pure-play Securities Act of 1933 $XRP ETF that holds 100% XRP and nothing else (source: @EleanorTerrett on X, Nov 11, 2025). For traders, the source highlights that the key structural differences are exposure purity (partial vs 100% spot) and tax efficiency, which are directly relevant to position construction and after-tax outcomes in $XRP exposure (source: @EleanorTerrett on X, Nov 11, 2025).

According to @EleanorTerrett, Canary Funds has filed a Form 8-A for an XRP spot ETF, which she describes as the final step before effectiveness once Nasdaq certifies the listing (source: @EleanorTerrett on X). According to @EleanorTerrett, she states the registration becomes effective at 5:30 PM ET Wednesday contingent on Nasdaq certification, clearing the last hurdle (source: @EleanorTerrett on X). According to @EleanorTerrett, she adds the first XRP spot ETF would be set to launch Thursday at market open if those conditions are met (source: @EleanorTerrett on X).

According to @EleanorTerrett, Canary Funds in collaboration with Nasdaq has filed a 19b-4 application concerning HBAR. This filing indicates regulatory advancements and potential market integration for HBAR, which could influence trading strategies and investor interest. The involvement of Nasdaq as a major exchange highlights the significance of this filing in legitimizing HBAR in broader financial markets.

According to Eleanor Terrett, the SEC is providing comments on Canary Funds' S-1 filing for HBAR, suggesting a 19b-4 rule filing could follow. This development indicates regulatory progress that could impact HBAR's market performance. Traders should monitor any updates from the SEC as these filings are crucial for market movement (source: Eleanor Terrett via Twitter).

According to Eleanor Terrett, $SOL ETF filings for Grayscale, VanEck, Canary Funds, Bitwise Invest, and 21Shares have been entered into the Federal Register as of February 18, initiating a 240-day review period for the SEC to decide on approval or denial by October 16. This development is crucial for traders as it marks a significant step towards potential market expansion for Solana-based ETFs, impacting trading strategies and market dynamics.

According to @EleanorTerrett, Canary Funds is launching an AXL (Axelar) Trust, which will feature the native token of the Axelar network. The Axelar protocol is recognized as a leading cross-chain solution and collaborates with Ripple for $RLUSD stablecoin interoperability, acting as a crucial bridge in the crypto ecosystem.

According to Eleanor Terrett, the CBOE has filed 19b-4 forms for Bitwise and Canary Funds' proposed XRP ETFs. This filing represents a critical step in the ETF approval process, following the submission of S-1 forms. Approval of these forms by the SEC is necessary for listing and trading these ETFs, which could have significant implications for XRP market liquidity and investor access. Traders should monitor the SEC's response as it will influence XRP's market dynamics and potential ETF-related trading strategies.