Franklin Templeton Fast-Tracks Spot XRP ETF for November
Franklin Templeton has revised its S-1 filing for a spot XRP ETF by shortening the Section 8(a) clause to trigger automatic SEC effectiveness after a 20-day review. This fast-track approach is also used by Bitwise and Canary Funds. It bypasses potential SEC amendments and leverages reduced regulator activity during the recent government shutdown. Upon securing Form 8-A effectiveness and exchange approval, the spot XRP ETF could list as early as mid-November. It may debut on November 13, pending Nasdaq clearance. Bloomberg analyst James Seyffart and ETF expert Nate Geraci note that auto-effective S-1 amendments could shave weeks off traditional review times. Market analysts forecast up to five spot XRP ETF listings by mid-November 2025, with over $10bn in inflows. Traders should monitor SEC filings for updates. They must prepare for increased XRP ETF liquidity and volatility at launch.
Bullish
Fast-tracking the spot XRP ETF through auto-effective S-1 amendments reduces regulatory delays and signals strong institutional demand. A November listing, combined with forecasts of up to five spot XRP ETF launches and over $10bn inflows, is likely to boost XRP liquidity and trading volumes. Increased accessibility for institutional investors may drive price appreciation in both the short and long term. Overall, the streamlined approval process and anticipated capital inflows support a bullish outlook for XRP.