- Nasdaq certifies Canary Capital’s XRP ETF listing
- $XRPC ETF will officially launch at market open tomorrow
- XRP gains momentum with institutional investor interest
In a major milestone for XRP and the broader crypto market , Nasdaq has officially certified Canary Capital’s XRP ETF, clearing it for launch. The ETF, trading under the ticker $XRPC, is set to go live tomorrow at the opening bell.
This approval places XRP among a growing group of crypto assets gaining traction in traditional financial markets. Just like Bitcoin and Ethereum ETFs before it, the XRP ETF offers institutional and retail investors a regulated way to gain exposure to XRP without directly holding the cryptocurrency.
Canary Capital, the firm behind the ETF, has emphasized that $XRPC will track the price of XRP closely, allowing for a familiar investment structure for traditional investors.
Institutional Attention Turns to XRP
With the ETF approval, XRP is likely to see a surge in both market interest and legitimacy. Financial analysts believe this move could signal increased adoption of XRP across mainstream investment portfolios.
The certification by Nasdaq reflects confidence in XRP’s regulatory standing and growing utility. It also represents another step in bridging the gap between crypto assets and traditional finance, a trend that’s accelerating rapidly.
Experts suggest that the $XRPC ETF could bring in significant trading volume right from launch, potentially pushing XRP’s price upward in the short term as institutional funds enter the market.
What This Means for Crypto Investors
For everyday crypto investors, this certification is more than just a headline. It means XRP now joins the ranks of major digital assets with ETF access, opening new avenues for liquidity and price discovery.
As of tomorrow, market participants will be able to buy and trade $XRPC like any other ETF on the Nasdaq exchange, without having to set up a wallet or deal with crypto exchanges.
This launch could be a turning point not only for XRP but also for other altcoins eyeing ETF status.
