Canary Capital's spot XRP exchange-traded fund received automatic listing approval from Nasdaq on November 10 following an SEC Form 8-A filing. The ETF will trade under ticker symbol XRPC and charges a 0.50% management fee. Trading is expected to commence later this week pending a final CERT filing.

Bitcoin is consolidating near $103,000 following two major U.S. cryptocurrency developments. Bitwise launched the first U.S. Solana ETF on October 28, attracting $420 million in its debut week. SoFi Technologies became the first national bank to enable direct Bitcoin trading for 12.6 million users, marking a significant shift in mainstream crypto adoption.

The Depository Trust and Clearing Corporation has registered Bitwise's spot Chainlink exchange-traded fund in its pre-launch category under ticker symbol CLNK. The listing follows Bitwise's S-1 filing in August and Grayscale's subsequent proposal in September. Canary Capital filed its 8-A form for a spot XRP ETF on Monday, the final regulatory documentation before launch.

Several spot XRP exchange-traded funds have been listed on the DTCC platform ahead of their anticipated market debut. The products come from Canary Capital, Bitwise, CoinShares, and Franklin Templeton. ETF analyst Nate Geraci expects the funds could begin trading within two weeks, following the conclusion of SEC litigation against Ripple approximately three months ago.

Bitcoin's weekly realized profit has declined to $1-$2 billion since late September, down from over $4 billion in July when long-term holders intensified distribution, data show. CryptoQuant CEO Ki Young Ju stated the asset remains under selling pressure but could represent a strategic buying opportunity for investors with conviction in the macroeconomic outlook. The moderation in sell-side activity suggests improved macro conditions could catalyze the next upward move.

Bitcoin is trading just above $106,000 after briefly reaching $107,000 on Monday before falling back below $105,000. Open interest in Bitcoin futures has declined to approximately $68 billion from $94 billion last month. US-listed Bitcoin ETFs recorded net inflows of only $1 million on Monday, despite broader gains in equity and credit markets.

Michael Selig, President Donald Trump's nominee for CFTC chairman, will appear before the Senate Agriculture Committee on November 19. The agency has operated with a single commissioner, Caroline Pham, since September; Pham plans to resign once a new chair is confirmed. Senators are expected to examine Selig's positions on crypto enforcement, asset classification standards, and coordination with the SEC.

China's National Computer Virus Emergency Response Center has accused the United States of orchestrating the 2020 hack of the LuBian mining pool, which resulted in the theft of 127,000 Bitcoin. The agency alleges the operation used state-level hacking tools, with U.S. authorities seizing the coins in October 2025 under what Beijing describes as false law enforcement grounds. The disputed holdings are currently valued at approximately $13.3 billion.