Canary XRP Spot ETF's latest application document removes the "latency revision clause" and is expected to be listed on November 13.

[Canary XRP Spot ETF's latest application document removes the “latency amendment clause” and is expected to be listed on November 13] According to encryption reporter Eleanor Terrett, "Canary Capital has submitted an updated S-1 form for its XRP Spot ETF, removing the “latency amendment clause” that prevents the registration from becoming effective automatically, and has handed over control of the schedule to the SEC. Assuming Nasdaq approves the 8-A form application, Canary's XRP ETF will officially be issued on November 13. Note: The government's reopening may affect the schedule. If the application materials are complete and the SEC is satisfied, the timeline may be expedited; if staff raises more opinions, the timeline may be delayed. However, it is worth noting that the Chairman of the U.S. SEC himself seems to support companies utilizing the automatic effectiveness mechanism. Although he did not directly comment on the launch of the ETF, Paul Atkins stated yesterday that he was pleased to see companies like MapLight listing during the 20-day statutory waiting period amid the government shutdown and praised Bitwise and Canary for using the same legal mechanism when launching SOL, HBAR, and LTC ETFs this week.