Canary submitted an S-1 update for its XRP ETF, removing provisions that prevented automatic effectiveness of the registration.

Foresight News reported that, according to crypto journalist Eleanor Terrett, Canary submitted an S-1 update filing for its XRP Spot ETF, removing the clauses that prevent the automatic effectiveness of the registration. If Nasdaq approves its 8-A application, the ETF will launch on November 13. Foresight News previously reported that, according to crypto journalist Eleanor Terrett, Fidelity submitted an S-1 update filing for its Solana ETF, removing the “latency amendment” clause that prevents the automatic effectiveness of the registration and granting the SEC time control. Previously, Bitwise launched the BSOL ETF yesterday and adopted the same automatic effectiveness method.