
Jakarta, Pintu News – This week is expected to be one of the biggest weeks for Ripple in 2025, as Canary Capital prepares to launch an ETF on November 13. The launch is expected to significantly increase the value of the token. Read the full information in this article!
Canary Capital, an American-based asset manager, has recently filed an updated form S-1 with the SEC and removed the “postponement amendment” that previously hampered the fund’s launch. This has removed the last hurdle for the company, allowing the launch of the fund this Thursday.
The launch is expected to give a boost to the performance of Ripple (XRP), which is currently trading near multi-week support levels. Many experts anticipate that the launch of this ETF will have a positive impact on the value of the token. This comes at the right time when Ripple (XRP) related products are showing strength in the market.
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Recently launched Ripple (XRP) related products have shown promising results. For example, the REX-Osprey XRP ETF managed to record $37.7 million in trades on its first day of launch, making it the strongest ETF debut in 2025. This shows the high market interest in funds based on Ripple (XRP).
Furthermore, the Teucrium 2x Long Daily XRP ETF also recorded high trading volumes in its first week of launch, reaffirming that there is great interest from the market in Ripple (XRP)-based funds. With this performance, Canary Capital’s upcoming ETF is expected to attract large fund flows.
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A recent research report highlights the potential scale of launching an ETF for Ripple (XRP). With a current token price of $2.4, Ripple (XRP) is considered one of the most undervalued large-cap cryptos. The report points out that past Bitcoin ETF launches managed to attract more than $50 billion in assets.
While Ripple (XRP) doesn’t need such a large inflow of funds to see an increase in value, even a fraction of the amount is enough to push the token price higher. This suggests that Canary Capital’s ETF launch could be an important catalyst for the value of Ripple (XRP).
With the launch of Canary Capital’s ETF scheduled for this week, the crypto market, particularly Ripple (XRP), may witness a significant change. This launch, along with the success of previously launched Ripple (XRP) related products, indicates a bright future for the token. Investors and market watchers will be looking forward to the long-term impact of this innovation on the crypto ecosystem as a whole.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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