Breaking: US Spot XRP ETF Officially Gets Listing Notice
Analysis
Price Impact
LowDespite the official listing notice for the canary xrp etf (xrpc) on nasdaq, xrp's price is down 3.3% today. this suggests that the market had largely priced in the etf's approval and is now experiencing a 'sell the news' event, leading to minimal immediate positive impact.
Trustworthiness
HighThe news comes from bloomberg's eric balchunas, citing an official nasdaq listing notice, which is a definitive regulatory confirmation. u.today reports on this directly.
Price Direction
BearishXrp is down 3.3% post-listing, and the article itself hints at a potential 12% drop, aligning with a 'sell the news' scenario where anticipated positive news leads to profit-taking after the event. the hype appears to be exhausted for now.
Time Effect
ShortThe immediate market reaction is negative, indicating a short-term bearish trend as initial excitement wanes. while multiple etfs might offer long-term adoption benefits, the current news is prompting a short-term sell-off.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News According to Bloomberg's Eric Balchunas, the Canary XRP ETF (XRPC) has received an official listing notice from Nasdaq, which means the process to make it publicly tradable is finalized. Advertisement Nasdaq issues an official listing notice when it receives and approves a security for listing. This is a regulatory and operational confirmation that the ETF is cleared for trading on the exchange. The listing notice essentially signals to brokers, institutions, and retail investors that they can start trading this product starting from the "effective date." Advertisement Key date for XRP holders This means that XRPC will be tradable on Nasdaq starting November 13. This will be the first "pure" spot XRP ETF in the US. However, a slew of similar products from the likes of Franklin Templeton and Bitwise are also in the pipeline. You Might Also Like Wed, 11/12/2025 - 12:39 XRP ETF Launch Is "Sell the News?" XRP Price Chart Hints at 12% Drop By Gamza Khanzadaev According to CoinGecko data , XRP is still down 3.3% this Wednesday despite the listing, meaning that the ETF hype has been mostly priced in. #XRP News #ETF