Canary Files Form 8-A, Nears First U.S. XRP ETF Listing
Canary submitted a Form 8-A — the registration statement that formally brings a security under the Exchange Act — marking the last regulatory step before an exchange can list its proposed XRP ETF. If the listing proceeds, the product would be the first listed XRP ETF on American soil, a milestone that would expand institutional access to the token and reshape the U.S. crypto ETF landscape.
Market response has been positive, with XRP showing early upside movement as traders price in the potential listing. While the filing is significant, final timing will depend on the exchange's effective date and remaining regulatory checks. Investors should watch for the official listing notice and remain mindful of ongoing legal and policy risks that could affect rollout and flows.