In accordance with AMBCrypto, Franklin Templeton, Canary Capital, and Bitwise have filed updated spot XRP ETFs to allow trading despite the ongoing U.S. government shutdown. According to Bloomberg ETF analyst James Seyffart, the changes could enable the products to begin trading this month, following a similar approach used for the recently approved SOL ETFs. The XRP price, however, has been influenced by broader market sentiment, with a 12% decline in November. Whale selling has tapered off, with over 45 million XRP offloaded in the past two months, but options traders remain cautious, buying short-dated puts to hedge against uncertainty.
XRP ETF Filings Updated to Bypass Shutdown Delays, Likely Launch in November
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