The first spot XRP-ETF will be launched in the USA.
Canary Funds has submitted Form 8-A to the SEC to launch the XRP Trust fund, which could become the first spot ETF on XRP in the USA.
The fund is fully backed by real XRP tokens and is preparing to list on Nasdaq on November 13.
The XRP Trust Fund from Canary Funds could become the first exchange-traded fund (ETF) in the U.S. backed by the real value of XRP — $2.5105 per unit. The company filed Form 8-A with the Securities and Exchange Commission (SEC) on Tuesday, which is an important step towards launching trading.
According to Bloomberg ET

Solana-ETF attracted over $350 million in 11 days.
As of the last trading session on November 11, spot exchange-traded funds based on Solana attracted $7.9 million. Positive dynamics have been observed for 11 consecutive days.
The dynamics of outflows and inflows in spot Solana ETFs. Source: SoSoValue.
The majority of the inflows came from GSOL by Grayscale — $5.9 million. The result of BSOL from Bitwise — $2 million.
The total trading volume amounted to $23 million
Since the launch of the instruments at the end of October, investors have invested $350.4 million in them. The funds manage as

The Japanese company Mitsubishi UFJ increased its stake in MicroStrategy to 29 million dollars.
Japan's largest financial institution, Mitsubishi UFJ Financial Group (MUFG), has increased its stake in MicroStrategy (MSTR). This confirms the growing confidence of institutional investors in the software development company related to Bitcoin. According to recent documents filed with the U.S. Securities and Exchange Commission, Mitsubishi UFJ Asset Management Co. Ltd., MUFG's asset management division, increased its stake in MicroStrategy by 15.9% in the second quarter of this year.

The Bank of England has introduced rules for stablecoins and allowed exceptions to the limits.
The BoE has eased restrictions on stablecoins for businesses and crypto exchanges.
The final regulatory regime for this category of assets will come into effect in 2026.
Andrew Bailey stated that the Bank of England is developing a "multicurrency" system.
The Bank of England (BoE) has published a consultation document on the creation of a future regulatory framework for systemically important stablecoins denominated in pounds sterling, which is intended to ensure trust in new forms of money and the s

Strategy attracted another $715 million to replenish bitcoin reserves.

ETF on Solana and XRP will serve as a test for institutional investments