XRP Just Hit the Big Leagues — A New ETF Is Quietly Launching on Nasdaq

For years, XRP has been one of crypto’s most controversial assets — a token stuck between regulatory battles, tribal wars, and a narrative that refused to die.

But something happened this week that cuts through the noise.

Something bigger than price movement, bigger than headlines, and bigger than the political circus shutting down Washington.

Nasdaq just approved the Canary XRP ETF for listing.

And it’s going live during a government shutdown.

This isn’t just a financial product launch.

It’s a moment that signals where power is shifting — and where crypto is heading next.

Wall Street Moves While Washington Sleeps

Even with the U.S. government offline, markets didn’t pause.

Nasdaq didn’t wait.

Crypto didn’t wait.

In a filing sent Wednesday, the exchange certified the Canary XRP ETF, giving it the green light to trade under the ticker XRPC starting Thursday.

The timing isn’t an accident.

It’s a reminder.

Crypto is no longer dependent on political momentum.

It’s now big enough, structured enough, and regulated enough that the machine keeps running — even when the government doesn’t.

The SEC’s earlier guidance made it possible: firms can file S-1 registration statements without the usual delaying amendment.

That means the ETF automatically goes effective after 20 days unless the SEC steps in.

But the SEC isn’t stepping in.

They can’t.

They’re shut down.

And yet the crypto markets keep evolving.

XRP Secures a Seat at the ETF Table

Once upon a time, Bitcoin ETFs were a fantasy.

Then ETH ETFs seemed impossible.

Now, we’re watching XRP — the fourth-largest crypto by market cap — walk straight onto Nasdaq like it always belonged there.

Canary Capital filed its Form 8-A.

Nasdaq approved the listing.

The structure is in place.

The rails are ready.

And here’s the part casual observers will miss:

This is the second-ever XRP ETF to hit the U.S. market.

The first, launched in September by REX Shares, took a completely different legal route under the Investment Company Act of 1940 — a structure used for traditional investment funds.

That ETF holds actual XRP directly.

It allocates at least 40% of its assets into other XRP-based ETFs.

In other words, Wall Street has been quietly building an XRP ecosystem while social media argues about whether the token is “alive” or “dead.”

The truth is far less dramatic: institutions were preparing.

And now the doors are opening.

A Wave of Crypto ETFs Is Lining Up Behind XRP

The Canary XRP ETF won’t be alone for long.

Bitwise.

21Shares.

WisdomTree.

ProShares.

Grayscale.

All have their own XRP ETF proposals in the pipeline.

We’re seeing the early formation of something crypto has waited years for:

an ETF market that mirrors the complexity of the crypto economy itself.

Bitcoin was the opening act.

Ethereum was the proof of concept.

XRP is the expansion phase — the moment when alternative assets begin showing up on Nasdaq not as speculation, but as structured investment products.

And next?

Dogecoin.

Yes, seriously.

REX Shares and Osprey Funds already launched a DOGE ETF under the ticker DOJE.

Two more DOGE and XRP proposals could legally go effective by November 23rd.

This is no longer about which token is the “next Bitcoin.”

It’s about which assets can capture enough cultural, economic, or institutional gravity to justify an ETF.

XRP has it.

DOGE has it.

More will follow.

The Shutdown Changed Nothing — And That’s Everything

A government shutdown was supposed to freeze progress.

Instead, the opposite happened.

Crypto ETFs marched forward.

Nasdaq kept listing.

Firms kept filing.

Markets kept evolving.

This is the story that matters:

Crypto has reached the point where the system no longer needs permission to grow.

The regulatory scaffolding is already built.

The legal clarity is slowly being solidified.

The financial rails are functioning whether Congress is awake or not.

And in the middle of that quiet power shift, XRP just secured a presence on Nasdaq.

That’s bigger than a ticker.

It’s bigger than a debut.

It’s a sign that the financial world is beginning to reflect crypto’s reality — not resist it.

Final Line

The future doesn’t wait for Washington — and the XRPC ETF proves crypto’s evolution is now unstoppable.