Canary Funds has positioned what could become the first US spot XRP ETF to launch on November 13, after moving its fund onto an accelerated legal track that limits the SEC’s ability to control timing.

The shift comes from a change in Canary’s updated S-1. As reported by Crypto In America host Eleanor Terrett, Canary “has filed an updated S-1 for its XRP spot ETF, removing the ‘delaying amendment’ that stops a registration from going auto-effective and gives the SEC control over timing.” Without that delaying amendment, the registration can become effective automatically after the 20-day statutory waiting period , unless the SEC actively intervenes.

Terrett says this puts Canary’s ETF on a concrete timeline: “This sets Canary’s XRP ETF up for a launch date of November 13, assuming the

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