Five XRP ETFs Appear on DTCC Website Amid SEC Fast-Track Buzz
The Depository Trust and Clearing Corporation (DTCC) has listed five spot XRP ETFs (exchange-traded funds), fueling speculation that their official launch could be imminent.
According to DTCC’s official website, spot XRP ETFs from Bitwise (XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary (XRPC), and CoinShares (XRPL) are now listed under its “active and pre-launch” category.
The DTCC, a key player in the financial infrastructure of the United States, provides post-trade clearance, settlement, custody, and information services. Its listings are often viewed as indicators that an ETF is moving closer to market readiness.
While the listing is seen as a positive development, it does not guarantee an immediate launch. ETFs must still receive approval from the U.S. Securities and Exchange Commission (SEC) before trading can begin.
Industry Momentum Builds After Bitcoin and Ethereum ETF Success
The emergence of these spot XRP ETF listings follows a series of successful launches for other major cryptocurrencies. Spot Bitcoin and Ether ETFs have already made their mark on the market, prompting a rush among asset managers to expand their offerings to additional altcoins.
Recently, spot ETFs for Litecoin, Solana, and Hedera were launched after months of regulatory delays. Canary’s spot Litecoin ETF, notably the only one of its kind in the U.S., was listed on the DTCC in February and launched eight months later in October. This timeline provides a potential benchmark for how long XRP ETFs might take to reach the market once listed.
SEC’s New Standards May Accelerate Approval of XRP ETFs
Optimism around a possible launch of spot XRP ETFs this month is also being driven by recent regulatory updates. The SEC has implemented generic listing standards for exchange-traded products (ETPs), allowing issuers to fast-track approvals through amended S-1 filings.
This process enables certain funds to become automatically effective by mid-to-late November, bypassing the extended procedural delays that often accompany ETF approvals.
Such a mechanism could make it possible for XRP ETFs to debut much sooner than initially expected.
Issuers Signal Readiness Ahead of Potential Launch
Issuers appear to be preparing for takeoff.
Earlier this month, both Grayscale and Bitwise disclosed the fee structures for their respective spot XRP funds — a move that typically precedes product rollout.
At the Ripple Swell event last week, Canary Capital CEO Steven McClurg reportedly told attendees that the firm is “fully prepared” to launch its spot XRP ETF next week. His remarks added momentum to the growing expectation that approvals may arrive shortly.
Meanwhile, Nate Geraci, president of NovaDius Wealth Management, said in an X post on Sunday that he expects the first line of spot XRP ETFs to debut within the coming week. His comments echoed the rising optimism across the crypto investment community.
Government Shutdown Resolution Clears Regulatory Backlog
Another factor adding fuel to expectations is the recent resolution of the U.S. government shutdown. The Senate reached a tentative deal to end the 40-day impasse, which had severely restricted the SEC’s ability to review ETF filings and issue approvals.
With regulatory operations now resuming, ETF issuers may finally see progress on proposals that had been stalled for weeks. This development, combined with the DTCC listings and the SEC’s new approval mechanism, strengthens the case for a November launch.
XRP Could Join Growing List of Regulated Crypto ETFs
If approved, XRP would join the ranks of Bitcoin, Ethereum, Litecoin, Solana, and Hedera as cryptocurrencies with spot ETFs available to U.S. investors. Such a launch would mark another milestone in bridging the gap between traditional finance and digital assets.
However, as the DTCC listing itself demonstrates, a listing alone does not confirm a launch — it merely signals operational readiness. The SEC’s final approval remains the decisive factor in determining whether XRP ETFs will officially trade on U.S. exchanges this month.
For now, anticipation continues to build as the market awaits confirmation. If history repeats itself, XRP could soon become the next digital asset to gain direct exposure through a regulated, exchange-traded vehicle — marking another milestone in crypto’s steady march toward mainstream adoption.
XRP price (Source: CoinMarketCap)
The XRP price has risen along with the growing anticipation, and soared more than 9% in the last 24 hours.
