Developer and analyst Vincent Van Code shared one of the clearest, no-nonsense updates on the current state of XRP exchange-traded funds, listing exactly which products are live, which are pending, and which are coming next. With so much noise, rumors, and confusion circulating on X, his breakdown cuts through the hype and delivers the real picture of where XRP stands in the ETF race.
The timing of his update is interesting, because XRP’s price has not reacted at all. The entire crypto market is deep in a correction, and XRP has slipped back toward $2.00, erasing almost all of the optimism that followed earlier ETF announcements. In reality, the lack of price reaction likely means this catalyst was priced in months ago, long before the first products actually launched. With liquidity evaporating and Bitcoin dragging every major altcoin lower, even major regulatory and institutional milestones are being overshadowed.
Still, the ETF rollout is real, accelerating, and more significant than the price action suggests.
What you'll learn 👉
XRP ETFs Approved and Trading or Pending Launch
These ETFs are already live or scheduled within days:
• Canary XRP ETF (XRPC) – Nasdaq – launched November 13
• Bitwise XRP ETF (XRP) – NYSE – launched today, November 20
• Franklin Templeton XRP ETF – ticker TBA – launching November 24
• Grayscale XRP ETF – ticker TBA – launching November 24
This is already one of the fastest multi-issuer ETF rollouts in crypto history. Multiple issuers launching within the same month signals strong institutional interest, regardless of short-term price weakness.
$XRP #ETF status update, the real facts, don't listen to anyone else:
— Vincent Van Code (@vincent_vancode) November 20, 2025
APROVED AND TRADING OR PENDING
• Canary XRP ETF – $XRPC – Nasdaq (launched Nov 13)
• Bitwise XRP ETF – $XRP – NYSE (launched today Nov 20)
• Franklin Templeton XRP ETF – ticker TBD (launch Nov 24)
•…
Coming Soon
Two more XRP ETFs are right around the corner:
• 21Shares Core XRP ETF (TOXR) – expected November 27
• CoinShares XRP ETF (XRPL) – expected November 27
By the end of November, XRP will have six ETF products listed across major U.S. exchanges. That is a massive structural shift for a token that spent years fighting regulatory battles.
Read also: Big Caps Are Falling Fast: BTC, ETH, XRP in Trouble – Which Crypto to Buy Instead?
So Why Isn’t XRP Price Pumping?
The answer is simple: the crypto market is being crushed by a broad macro correction. Bitcoin has lost critical support levels, altcoins are collapsing across the board, and ETF outflows have hit some of their highest levels of 2025. In conditions like this, even strong news gets buried.
Three factors help explain XRP’s silence:
1. The ETF catalyst was likely priced in early
The market anticipated these launches for months. Traders often buy the expectation, sell the confirmation.
2. Correlation overrides catalysts
When Bitcoin dumps, liquidity disappears from everything. No altcoin rallies alone during a macro flush.
3. Institutions tend to accumulate quietly
ETF inflows often build gradually. Large allocators scale in over weeks, not hours.
The ETF rollout changes XRP’s position in the market, even if price hasn’t reacted yet. This is foundational infrastructure, not a temporary hype cycle.
Once macro conditions stabilize, these ETFs will matter far more than they do today.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
