Expert: Spot Ripple (XRP) ETFs Could Debut Within Two Weeks

Analysts predict that spot XRP ETFs could cause a price breakout, with whales recently buying more than $340 million worth of XRP.

The cryptocurrency industry is preparing for a major milestone as the first spot XRP exchange-traded funds (ETFs) are expected to debut within the next two weeks.

Experts believe that the end of the US Securities and Exchange Commission (SEC) lawsuit against Ripple has removed a major barrier for the company, paving the way for approvals.

Launch of XRP ETF Signals a Shift in SEC’s Crypto Posture

Nate Geraci, Chairman of NovaDius Wealth Management, shared via X that he expects the launch of these investment products soon. “Sometime in the next two weeks I expect the launch of the first spot XRP ETFs,” he wrote.

The analyst described the coming development as a shift in regulatory tone, calling it the “final nail in the coffin of previous anti-crypto regulators.” He highlighted how the SEC had a five-year lawsuit against Ripple that only ended three months ago, emphasizing that they have come a long way.

The case started in December 2020 when the financial watchdog accused Ripple of offering unregistered securities through XRP sales, and officially ended in August 2025 when both parties jointly dismissed their appeal.

Canary Capital is reportedly leading the charge, with its spot XRP ETF targeting a launch date around November 13. If confirmed, this would mark the first time the cryptocurrency has been offered through a regulated investment vehicle in the United States, allowing investors to gain exposure to it without directly owning it.

The extended US government shutdown had also caused delays at the SEC, preventing it from meeting key deadlines for several pending spot XRP ETF approvals. Grayscale’s proposal was initially reviewed on October 17, before the process was suspended. The situation also affected other filers, including 21Shares, Bitwise, Canary Capital, CoinShares and WisdomTree.

You might also like:

Approvals can cause a price breakout

Analysts believe that the launch of spot XRP ETFs will have a huge impact on the price of the token. A explained how XRP will be seen as the token with the strongest use case and the most potential, especially for fast and cheap global payments. For context, spot Bitcoin ETFs reached $100 billion in assets, and some analysts believe XRP could easily match that level. Whales have already purchased more than $340 million in XRP in the past month, including a single $1 billion purchase.

At the same time, trading on the XRP Ledger decentralized exchange is expected to grow in the coming weeks, which could reduce the amount of token available on centralized exchanges. This combination of rising demand and shrinking supply is creating what experts call XRP’s breakout moment, with price targets reaching $5 or more.