First-Ever U.S. Spot XRP ETF ‘Automatically Approved’ for Nasdaq Listing, Ticker $XRPC

• Canary Capital’s spot XRP ETF has reportedly received “automatic approval” for a Nasdaq listing.
• The ETF (ticker $XRPC) is expected to begin trading this week, marking the first-ever spot XRP ETF in the U.S.
• Analysts see this as a major bullish catalyst, with one model projecting a near-term pullback to $1.90 followed by a rally to $6.

XRP price is all set for a sizable rally after reports circulated that Canary Capital’s spot XRP ETF has reportedly received “automatic approval” for a Nasdaq listing. Trading is expected to begin this week under the ticker $XRPC, making it the the first-ever XRP ETF in the United States. 

The ETF’s debut under the 1933 Securities Act and the end of the US government shutdown could “open the floodgates” for many spot crypto ETFs, as per ETF Institute founder Nate Geraci.

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