The first XRP ETF in the US could launch as early as Thursday, filed by Canary Capital. Bloomberg’s Eric Balchunas noted the Form 8A filing on Monday night, anticipating a launch this week. Once Nasdaq certifies the listing, the XRP spot ETF will be set to launch at market open on Thursday.

Canary’s XRP ETF is filed under the Securities Act of 1933, allowing direct holding of XRP. Other XRP ETFs are also in the works, with anticipation building in the XRP community as the government shutdown ends, paving the way for more ETFs to hit the market.

Multiple other firms, including 21Shares, ProShares, and Bitwise, are waiting to launch spot XRP ETFs. The price of XRP has seen a 10% spike in the past week, currently sitting at $2.40 according to CoinGecko data.

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