The latter half of November may represent a pivotal moment for XRP and Ripple. A confluence of market events, institutional advancements, and ecosystem catalysts appears poised to shape a potentially significant phase for the digital asset.
In a recap video shared on X from Ripple Swell 2025 Day 1, Sal Gilbertie, CEO of Teucrium ETFs, highlighted the importance of the upcoming weeks. He stated, “The last half of November is going to be big for XRP and Ripple.” This declaration has since fueled extensive discussions regarding what specific developments lie ahead.
The November 13 Spot ETF Launch
Gilbertie specifically referenced Canary Capital’s anticipated spot XRP ETF, which is slated for a November 13 launch under the 1933 Act. Should it receive approval, this product would mark the first physical XRP ETF available in the United States, offering direct exposure to the asset. The introduction of such a product could potentially attract substantial liquidity from institutional investors who have previously been unable to hold XRP. Analysts suggest this development could serve as a crucial turning point in the broader adoption of Ripple’s ecosystem.
“The last half of November is going to be big for $XRP and @Ripple,” said @TeucriumETFs CEO @GilbertieSal during a recap of #RippleSwell Day 1. Head on a swivel ladies and gentlemen… Believe! pic.twitter.com/mw9VLuRUCB
— rayfuentes (@RayFuentesIO) November 5, 2025
Institutional Endorsements and Tokenization Outlook
The positive momentum extends beyond this single event. Prominent financial institutions are aligning their projections with this evolving landscape. Citibank, in a recent forecast, estimated that tokenized assets could reach trillions of dollars within the next five years. This projection aligns with the broader trend of regulatory progress being observed across the cryptocurrency sector. As regulatory frameworks continue to mature, XRP's role in institutional settlement systems is expected to strengthen considerably.
Ripple Ecosystem Momentum Builds
Gilbertie also highlighted the synergistic effect of several late-November events. These include Circle’s third-quarter earnings report and anticipated institutional trading unlocks that are expected to occur within the same timeframe. Collectively, these factors could contribute to enhanced liquidity and attract new participants to the market. He further reflected on the success of Teucrium’s earlier XRP product, the 2x leveraged XRP ETF (XXRP), which was launched in April 2025. According to Gilbertie, “Hundreds of millions arrived in about sixteen weeks, crediting the XRP Army for that traction.” This performance has further validated the demand for XRP among investors within regulated markets.
Market Implications and Outlook
For both traders and institutions, the approaching weeks could be instrumental in determining whether XRP’s market trajectory enters a new phase. The potential November 13 ETF listing might influence short-term price movements, while longer-term impacts could stem from increased regulatory clarity and the broader adoption of tokenization. Nevertheless, Gilbertie acknowledged that risks persist. ETF approvals are subject to procedural delays, and leveraged products like XXRP inherently carry amplified volatility. However, the coordinated timing of these events suggests a growing institutional interest in Ripple’s technology.
In conclusion, Sal Gilbertie’s optimistic outlook for late November is grounded in more than mere speculation. The planned launch of the Canary Capital XRP ETF, Citibank’s trillion-dollar tokenization forecast, and Circle’s financial disclosures collectively represent a notable alignment of catalysts. For XRP holders and market observers, the second half of November could indeed prove to be—as Gilbertie described—“big for XRP and Ripple.”