Ah, the grand spectacle of capitalism! Grayscale, that towering behemoth of asset management, with its vast empire of over $35 billion, has whispered, no, rather proclaimed in the winds of financial fate that its long-awaited XRP ETF may at long last rise from the ashes on November 24. And do you hear the faintest echo? It seems not to be alone, this harbinger of financial doom and glory! Franklin Templeton, in its usual quiet, measured style, may very well have its own XRP ETF ready to unfurl its wings on that very same day.
The SEC, ever the elusive gatekeeper, holds the key. According to the latest filings, Grayscale updated its S-1 with the SEC on November 3, setting into motion a 20-day countdown that will either reward or punish them. If the SEC remains silent, the filing, like a silent judgment, becomes active on November 24, a day that may very well mark the birth of the Grayscale XRP ETF under the symbol GXRP on the NYSE Arca. A mere ticking of the clock. The anticipation, though… palpable, like a faint whisper of revolution.
Our base case is that @Grayscale’s XRP ETF will go live on Monday the 24th. So will the Grayscale Dogecoin ETF.
And I think the @FTI_US XRP ETF could go live on Monday the 24th as well. Lots happening next week.
– James Seyffart (@JSeyff) November 19, 2025
Ah, but there is more. For, in the dark recesses of financial strategy, Franklin Templeton has not been idle. The company recently filed its Form 8-A with the SEC, a rather cryptic gesture to prepare its own “Franklin XRP ETF” for listing on NYSE Arca. This, dear reader, is not a filing to be taken lightly. No, it is a harbinger of impending action. An announcement, perhaps, that the XRP gods will smile down upon us all on November 24, when not one, but two titans of Wall Street may enter the fray. The day could become an epoch in the history of XRP, a tale whispered in the streets of the market for generations to come.
The great analyst, James Seyffart, foresees this dual launch, and with it, an unmistakable ripple in the financial markets. Two firms, both heavyweights, both vying to stake their claim in the XRP landscape, all on the same day. Is it not a beautiful thought? A duel of the giants in the arena of the ETF.
The Dogecoin ETF-A Little Extra Flair, Perhaps?
And then, to add a touch of surprise to an already intoxicating cocktail, Seyffart casually mentions the possibility of Grayscale’s Dogecoin ETF making its grand entrance as well. Could this day-November 24-transform into the grandest of all ETF launches, as Grayscale pushes forward with its crypto empire, gradually converting every digital currency product it can into ETFs? The SEC remains mum, but Grayscale’s moves have not gone unnoticed. Indeed, if all these products converge, the 24th may just go down as a date of legend in the annals of XRP.
And yet, we must not forget, the humble price of XRP, trading at a slight decline of $2.12, with a market cap of approximately $128 billion, stands there like a silent observer, unaffected by the frenzy unfolding around it. The spectacle continues, though one wonders if the gods of Wall Street care for such petty fluctuations.
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2025-11-20 10:29