Bitwise moves its Avalanche ETF closer to market with updated SEC filing and becomes first issuer to include staking.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitwise launched its Dogecoin ETF on Wednesday, debuting the product built around “a picture of a cute dog” on the New York Stock Exchange.
Grayscale is looking to expand its lineup of cryptocurrency exchange-traded funds, this time with a product tracking Zcash.
The New York Stock Exchange has approved the listing for another Dogecoin exchange-traded fund, clearing the way for Bitwise's fund, BWOW.
The SEC’s Division of Corporation Finance issued a no-action letter to Fuse Crypto Limited on Monday regarding its rewards token.
Franklin Templeton has introduced its XRP exchange-traded fund, joining a widening field of crypto funds hitting the market.
Grayscale is adding another fund to its lineup — the Grayscale XRP Trust ETF to provide "straightforward exposure" to investors.
Dogecoin's journey from a fun memecoin to gaining popularity from Elon Musk is cementing itself into the mainstream.
The NYSE Arca has approved the listings for Grayscale’s Dogecoin and XRP ETFs, clearing the way for both products to launch on Monday.
Crypto groups are calling on President Donald Trump to direct the Treasury Department and the IRS to issue long-overdue tax guidance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Exchange-traded fund investing firm 21Shares is next up to the plate in launching its ETF tracking Solana.
Fidelity, one of the world's biggest asset managers, has joined others in launching a spot SOL ETF, which includes a staking feature as well.
The U.S. SEC has released its examination priorities for the 2026 fiscal year, and for the first time in several years, crypto is not mentioned as a specific area of focus. The omission stands out, especially compared to the Gensler era, where crypto routinely appeared as a priority in annual exam documents. The shift aligns …
The next 12 months will be pivotal for the SEC following the reopening of the government, said an analyst at investment bank TD Cowen.
SEC Chair Paul Atkins has announced two major reforms that he says will bring more clarity and fairness to today’s financial system. One focuses on finally giving crypto a simple, modern rulebook, while the other aims to reduce the growing influence of proxy advisory firms that shape how major companies make decisions. According to Atkins, …
21Shares launched two crypto index ETFs, providing investors with exposure to Bitcoin, Solana, Ethereum and Dogecoin.
Canary Capital is looking for the SEC's nod for an ETF tracking the price of the lesser-known memecoin called MOG Coin.
Washington has long wrestled with who should police digital assets. The Digital Asset Market Clarity Act of 2025 passed the House this summer, but the Senate had not acted. Now, two Senate committees have released competing drafts, each promising regulatory order. These drafts create a new jurisdictional map poised to reshape everything from Bitcoin spot […]
The post SEC vs CFTC Rematch Booked Over Who Polices US Crypto—and Your Coins appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The first US spot XRP ETF moved within sight of launch after Canary XRP ETF filed Form 8-A12(b) on Nov. 10. This is a key exchange-listing step that formally registers the fund’s shares under Section 12(b) of the Securities Exchange Act. The document, signed by Steven McClurg, confirms that Nasdaq has approved the listing application. […]
The post New XRP ETF Filing Could Be the Canary in the Crypto Mine This Week appeared first on CryptoSlate.
SEC Chair Atkins is spearheading an effort to create a "token taxonomy" that looks to delineate between what crypto would be securities
Matt Hougan said Coinbase's new token sale platform signals a major comeback for crypto-based capital formation.
Canary Capital filed formal paperwork on Monday that could let an XRP-backed ETF start trading on Nasdaq within days. According to the filing, Canary submitted a Form 8-A to the US Securities and Exchange Commission on November 10, 2025, a move that registers the fund’s shares under the Exchange Act and begins a regulatory clock that can lead to a listing if no objections are raised. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming Nasdaq Listing Moves Into Final Steps Based on reports, the shares are expected to trade under the ticker XRPC once Nasdaq completes its listing approval and the regulatory waiting period runs its course. The S-1 prospectus filed earlier says the trust’s shares are expected to be listed for trading subject to notice of issuance on the Nasdaq Stock Market. Market players say a key legal mechanism is now in motion. Canary removed a delaying amendment from its S-1, which triggers a 20-day countdown to automatic effectiveness unless the SEC acts. That change has led some issuers to target a November 13 listing date, though final sign-off by Nasdaq and any SEC comments could shift that plan. CEO Steven McClurg at Canary Capital on XRPETF.. #XRP pic.twitter.com/2UnDKdvc4R — RIZ.. ???????? ???????? (@RizXRP) November 10, 2025 Canary Capital CEO Steven McClurg said the XRP ETF could potentially double the gains Solana saw in its first week. He pointed to strong interest in XRP, reflected in its market capitalization and trading activity. Fund Details And Fees Reports have disclosed some of the fund’s basic terms. The Canary product lists a management fee of 0.50% and names custodians that are already familiar in crypto ETF work, including Gemini Trust Company and BitGo Trust Company. The trust also names US Bank as the cash custodian and US Bancorp Fund Services in an administrative role, according to market write-ups. The background numbers help frame the potential scale. According to earlier SEC filings, as of October 8, 2025, the aggregate market value of XRP was about $173 billion, which placed XRP among the top five digital assets by market cap at that date. That size is one reason multiple issuers have pushed to bring XRP into ETF wrappers. At the time of writing, XRP’s market cap stood at a little over $146 billion. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say Market Reaction And What To Watch Price action already reacted. Reports show XRP moved sharply higher around news of the filings, with some outlets noting intraday gains as large as 8% on the rumor and filing flow. Traders will look for actual listing notices and early volume numbers once trading starts. However, when this report was made, the altcoin has shed 3.5% in the last 24 hours. Featured image from Unsplash, chart from TradingView
The U.S. government could soon reopen, allowing key federal agencies overseeing digital assets to resume normal operations.
The Senate Agriculture Committee has released its long-awaited draft legislation to regulate the cryptocurrency industry at large.
Kalshi anchor partner Robinhood processed $2.5 billion in prediction-market volume in October — implying a $300 million annualized run rate.
According to comments made at the Ripple Swell conference, Canary Capital CEO Steven McClurg said the XRP Ledger is lining up as a set of financial rails that could rival legacy systems on Wall Street. Related Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update He argued the ledger’s payment features make it a practical tool for moving money across borders. His remarks come as several big fund managers update filings for potential XRP exchange-traded funds, and as traders watch for approvals that may arrive as soon as mid-November. XRP Ledger Framed As Payment Rails McClurg drew on his background as an emerging-market bond manager when he pointed to high remittance costs as a clear problem. Workers often pay between 8% and 15% to send money home, he said. Blockchain rails like the XRPL can cut those fees, the CEO added, and that use case is part of why he believes institutional interest will grow. He also repeated a prediction he has made before: that XRP ETFs could see $10 billion in inflows in their first month if they launch with strong backing. I liked the ETF session at Ripple Swell. “Way to think about XRP is to think about the XRP Ledger. It’s financial rails. A competitor to Wall Street” pic.twitter.com/KlAaOQPDpl — Vet ????☠️ (@Vet_X0) November 4, 2025 ETF Filings Gain Momentum Meanwhile, Franklin Templeton, Bitwise, and Canary Capital have updated S-1 filings tied to XRP funds. Franklin removed an 8(a) clause from its S-1, a change that reduces a procedural reason for delay. Grayscale has filed a second amendment and has named key executives and counsel on its paperwork. Market participants say these moves suggest managers are preparing for a possible rollout in November, though SEC timing still matters. Payments Utility Versus Investment Structure McClurg argued that XRP’s role as a payments token gives it a different profile from assets that rely on staking. He suggested ETF holders would not face the tradeoff of missing staking yields, which has affected some Ethereum products. That claim is used to explain why an XRP ETF might attract distinct flows, rather than simply following the path of prior crypto funds. Ecosystem Bets And Industry Players Ripple has pushed XRPL-focused products such as RLUSD and institutional services under the Ripple Prime brand. Reports mention partnerships with GTreasury and Rail to boost clearing and custody capabilities. Those efforts are designed to make XRPL more useful for banks and large treasuries that need predictable settlement and custody options. Related Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst What Markets Might Do Traders will watch liquidity, trading spreads, and whether early ETF buyers come from corporate treasuries, family offices, or retail channels. A large opening month inflow, like the $10 billion McClurg projected, would change short-term price dynamics. Yet approval dates and fund structures will shape how fast capital moves. Market observers say the timing of filings and removals of delaying clauses increases the odds of visible launches this quarter. Featured image from Unsplash, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.