Market Expert Drops Full XRP ETF Launch Calendar Into New Era

Market expert Paul Barron has dropped the XRP ETF launch calendar, which includes the launch dates and fees for the respective XRP funds. This comes as Canary Capital is set to launch the first ‘33 Act XRP ETF today. Expert Drops Timeline For XRP ETF Launch And Fees Calendar In an X post, Paul Barron revealed that Canary Capital will launch its XRP ETF today with a 0.50% management fee, having already secured Nasdaq’s approval. Franklin Templeton’s fund is expected to launch after Canary sometime between November 14 and 18. Bitwise will launch its fund between November 19 and 20, with a management fee of 0.34%, the lowest among issuers so far. Related Reading: Canary XRP ETF Completes ‘Final Step Before Launch’, But What About The Government Shutdown? Paul Barron stated that 21Shares and CoinShares will launch their XRP ETFs between November 20 and 22. Grayscale is also expected to launch its fund sometime in late November with a management fee of 0.35%. WisdomTree, which is the last issuer, is also likely to launch around this period. Paul Barron declared that the XRP ETF ear starts today, with Canary launching its fund. Bloomberg analyst Eric Balchunas confirmed that Nasdaq has issued the official listing notice for Canary’s XRPC, the final step before launch. As market expert Nate Geraci noted, this fund will be the first ‘33 Act spot XRP ETF to launch. REX-Osprey had earlier launched a spot XRP ETF, but the fund doesn’t provide 100% spot exposure to institutional investors. Meanwhile, the U.S. government shutdown has ended, which could affect the launch dates of other XRP ETFs, as the SEC could provide feedback on some of them. There is also the possibility that they could immediately get approval from the commission, which would enable them to launch faster instead of waiting for the auto-effective approval timeline. Canary Capital’s CEO Comments On ETF Launch Canary Capital CEO Steven McClurg stated that they are excited to go live with the first single-token spot XRP ETF. He added that this development would not have been possible without the leadership of SEC Chair Paul Atkins, Commissioner Hester Peirce, and all those at the SEC who are pro-free markets. Related Reading: XRP Is Getting Exciting: RSI Has Returned To Pre-600% Rally Levels XRP will be the sixth crypto asset to have its ‘33 Act ETF following the launch of Bitcoin, Ethereum, Solana, Hedera, and Litecoin ETFs. Notably, Canary is the issuer for the existing Hedera and Litecoin ETFs. McClurg has predicted that the funds could see up to $10 billion in inflows in their first month of trading, which will be a huge positive for the token’s price. At the time of writing, the XRP price is trading at around $2.47, up almost 3% in the last 24 hours, according to data from CoinMarketCap.