Canary's Spot XRP ETF Begins Trading on Nasdaq After U.S. Approval

Published at 2025-11-13 16:16:24

The United States has approved Canary's spot XRP ETF, and the product began trading on Nasdaq on Nov. 13, 2025. This is the first U.S.-listed spot ETF for XRP and offers investors a way to gain exposure to the token through a regulated exchange-traded vehicle rather than buying and custodying XRP directly.

The listing matters because it lowers barriers for institutional and retail allocation to XRP—a digital asset designed for fast, low-cost international payments—while bringing XRP into familiar custody and compliance frameworks. Market participants will watch fund flows, liquidity and ongoing regulatory signals for clues about broader adoption, but the Nasdaq debut is a significant step toward mainstream integration of XRP into traditional portfolios.

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