Franklin Templeton, Bitwise and others amend S‑1s as U.S. spot XRP ETF launches eyed for November

first published 2025-11-05T06:10:31Z

Franklin Templeton (managing $1.5T) updated its S‑1 for a proposed XRP spot ETF, shortening Section 8(a) language that can delay a registration's effectiveness. Similar filing updates came from Bitwise and Canary Fund. The change is being read as a signal the SEC may be preparing for imminent approval, though XRP is down >14% over the past week and near-term price action will depend on demand for spot ETFs.

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Franklin Templeton updated its S‑1 for a proposed XRP spot ETF, shortening Section 8(a) language that can delay registration effectiveness; Bitwise and Canary Fund filed similar updates. These procedural changes are being interpreted as signaling SEC preparations for imminent approval. The article also notes XRP is down >14% over the past week and that future price moves depend on demand for spot ETFs.

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