The assessment is "likely_true" with high confidence based on a strong convergence of evidence from highly authoritative sources. A prominent ETF industry expert and president of The ETF Store has explicitly stated his expectation for the first spot XRP ETF to launch this Thursday. This expert opinion is corroborated by multiple reports from a major, reputable cryptocurrency news outlet, which also indicates that an ETF from Canary Funds could begin trading as early as Thursday, pending final exchange certification.Supporting this timeline, sources confirm that a key procedural step has been completed: the listing of several spot XRP ETFs on the Depository Trust & Clearing Corporation (DTCC) platform. This is widely seen as a necessary precursor to a U.S. launch.However, the assessment is not a certainty due to some conflicting information. One crypto news publication directly challenges the optimistic timeline, arguing that the DTCC listing is being misinterpreted and that expectations for an immediate launch are mistaken. Another highly authoritative ETF-focused website discusses a spot XRP ETF as a future possibility rather than a confirmed immediate event, which introduces a note of caution.Despite these counterpoints, the primary evidence from the most credible and specific sources points strongly toward the statement being true. The direct and specific nature of the claims from the ETF expert and the major news outlet outweighs the more general or interpretive counter-arguments from sources with arguably less specific insight into this particular launch. A highly unreliable social media post making the same claim but with self-contradictory details was disregarded. Irrelevant sources concerning futures-based products or ETFs for other cryptocurrencies were also excluded from the primary analysis. Therefore, the balance of high-quality evidence makes the statement highly probable.