XRP ETF Mania Grows: New ETFs Could Launch Sooner Than Expected
The market has been excited by the recent launches of the Bitwise XRP ETF (XRP) and the Canary XRP ETF (XRPC). Their expectations for other spot-based ETFs connected to the token have increased. In this regard, Bloomberg’s top ETF analyst James Seyffart has provided a new timeframe for the possible introduction of more spot XRP ETFs.
He talked about when Franklin Templeton’s XRP ETF and Grayscale’s converted XRP Trust ETF (GXRP) would start trading in the US. According to Seyffart‘s most recent X post, Grayscale’s XRP ETF is expected to launch on Monday, November 24, 2025. Additionally, he mentioned that Franklin Templeton’s XRP ETF (EZRP) might debut on the same day, but he presented this as a possibility rather than a guarantee.
Busy Week Ahead for XRP: Two ETFs Expected to Hit the Market Together
In reaction to Grayscale‘s post hinting at the upcoming release of their XRP ETF, Seyffart made these remarks. The conversion of Grayscale’s XRP Trust to an ETF was first announced in January. On November 3, it revised its application to expedite the product’s debut under the Form 8-A pathway. GXRP may start trading as early as Monday, November 24, given the 20-day countdown requirement. The Dogecoin ETF offered by the cryptocurrency asset manager may also launch on the same day, as Seyffart noted.
Similar to Grayscale, Franklin removed the delay clause from their XRP ETF’s S-1 filing on November 4, possibly opening the door for a debut on November 24. Seyffart stated that next week might be a busy one for the token because two XRP ETFs are scheduled to launch on November 24.
Regulatory Hurdles Keep Additional XRP ETFs From Going Live
Meanwhile, pending XRP ETFs are also held by other asset managers, including 21Shares, CoinShares, and WisdomTree. Regulatory approval for these goods is still pending. The delay wording is still present in CoinShares’ and WisdomTree’s S-1 filings, though. Regarding 21Shares, the delay clause remained in place even after it updated its application on November 7. As a result, it is doubtful that these XRP ETFs will become live until the U.S. Securities and Exchange Commission gives them direct permission.
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