Bitcoin is flat on Thursday, but the altcoin market is heating up. Among the leaders is XRP, which rallied 3.5% to $2.47. The move comes as anticipation builds regarding ETF developments.<\/p>\n
Nasdaq confirmed in an SEC filing that the Canary XRP ETF has been approved for listing, with trading set to begin Thursday. This will be the first XRP ETF to launch under the Securities Act of 1933, opening the asset to a new source of buying pressure directly linked to institutional capital.<\/p>\n
Investors are now seeking an XRP price prediction as the ETF launch approaches, aiming to understand both the fundamental ramifications of the launch and the technical outlook for November and beyond.<\/p>\n
But as XRP pushes forward, a new altcoin called Bitcoin Hyper<\/a> is also gaining traction, having raised over $27 million in its presale. The project\u2019s use case as a Bitcoin Layer 2 blockchain is attracting massive liquidity flows and has also generated speculation that HYPER could outperform XRP in the months ahead.<\/p>\n This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/p>\n The first spot XRP ETF, launched by Rex Shares in September, used a different structure from Canary\u2019s, registering under the Investment Company Act of 1940. It relied on regulatory workarounds, ultimately making it less appealing to institutional investors compared ot the traditional Act 33 structure.<\/p>\n Therefore, to gauge potential demand for Canary\u2019s ETF \u2013 and its impact on XRP\u2019s price \u2013 it\u2019s useful to look at Solana\u2019s recent Bitwise ETF, also launched under the 1933 Act. According to Farside Investors<\/a>, Bitwise\u2019s SOL ETF recorded $344 million in inflows during its first week, a performance that XRP could potentially mirror as the Canary product goes live.<\/p>\n That said, the measurable impact of Solana\u2019s inflows has been nonexistent. Its price was $198 on the day of the Bitwise listing, but it trades at $154 today. This is largely due to the challenging market conditions that have persisted in recent weeks.<\/p>\n But what do the charts say? According to analyst Kamran Ashgar, XRP is forming a \u201cmassive cup and handle\u201d pattern, which he says is a \u201cbullish signal for continuation.\u201d He predicts that the next stop for XRP could be $3 following its breakout from the current pattern.<\/p>\n $XRP<\/a> is forming Cup and Handle\ud83d\ude80<\/p>\n This is a massive bullish signal for continuation. Next stop is $3.00+! \ud83d\ude80 pic.twitter.com\/SuloR7L77G<\/a><\/p>\n \u2014 \ud835\udc0a\ud835\udc1a\ud835\udc26\ud835\udc2b\ud835\udc1a\ud835\udc27 \ud835\udc00\ud835\udc2c\ud835\udc20\ud835\udc21\ud835\udc1a\ud835\udc2b (@Karman_1s) November 11, 2025<\/a><\/p><\/blockquote>\n
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\nCanary XRP ETF Launching \u2013 What Now?<\/h2>\n
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