Next week could prove to be an eventful one for XRP, the fourth-biggest cryptocurrency by market capitalization, according to Bloomberg’s ETF analyst James Seyffart. The expert made the assertion in reaction to the potential launch of two additional spot-based exchange-traded funds tied to the token.
He suggested that the Grayscale XRP ETF (GXRP) could commence trading by next week, specifically on November 24, 2025. This follows weeks of filings, corrections, and accelerated preparation across the ETF sector.
For context, Grayscale updated its S-1 filing on November 3, removing the delay clause and eventually triggering a 20-day countdown. The filing will automatically become effective if the SEC does not respond by November 24. Seyffart stated, “Our base case is that Grayscale’s XRP ETF will go live on Monday, the 24th. So will the Grayscale Dogecoin ETF.”
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. https://t.co/TkA6EE0D6T
— James Seyffart (@JSeyff) November 19, 2025
He also noted that Franklin’s XRP ETF (EZRP) may also commence trading on the same date, November 24, 2025. His assertion is driven by the fact that Franklin updated its S-1 application with the automatic effectiveness language on November 4.
Franklin’s XRP ETF was first expected to launch on November 27. However, the issuer did not remove the delay language from its S-1, and this prevented the fund from launching at the anticipated date.
Following its November 4 update, Franklin’s XRP ETF is now close to going live as early as November 24, 2025. If this happens, shares of the ETF will trade on NYSE Arca under the EZRP ticker.
With both EZRP and GXRP expected to begin trading next week, institutions will be able to gain exposure to XRP without the complexities of directly holding the underlying token.
Industry Delays and Detailed Filing Issues
Meanwhile, some prospective issuers still face slower progress because key filing requirements remain incomplete. WisdomTree and CoinShares last updated their S-1 documents on October 10, and the delay language is still in their applications. This prevents the filings from entering the automatic activation cycle and keeps both products off the release path.
21Shares filed an updated S-1 on November 7, yet the document still contains the delay clause. Popular crypto pundit Zach Rector expressed disbelief at the oversight because the clause blocks the ETF from moving ahead. This keeps 21Shares outside the active launch group even as other issuers advance.
These delays create a split landscape across the ETF sector, yet market activity continues to build. If the activation window holds, next week could be an eventful time for XRP.
The CoinRemark Team
Brenda Kanana
