Summary
- Bloomberg ETF analyst Eric Balchunas said a spot XRP exchange-traded fund (ETF) could be launched soon.
- Canary Capital filed the 8-A filing for a spot XRP ETF, and said the launch timing would be Wednesday or Thursday.
- He noted that previously the Hedera (HBAR) spot ETF also launched the day after the 8-A filing.
A spot exchange-traded fund (ETF) for XRP could be launched soon.
On the 11th (Korean time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "Canary Capital filed the 8-A filing for a spot XRP ETF the previous day," and "because that day is a U.S. holiday, the product is expected to launch on Wednesday or Thursday."
Previously, the Hedera (HBAR) spot ETF was also launched the day after the 8-A filing.
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