- DTCC lists 5 spot XRP ETFs showing rising interest in digital asset investment funds.
- New SEC rules may speed up approvals for XRP ETFs launching as early as mid November.
- XRP ETF listings signal growing confidence in the expansion of crypto products in markets.
The Depository Trust and Clearing Corporation (DTCC) has listed five spot XRP exchange-traded funds, raising expectations of an imminent launch. The listings include products from Bitwise (XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary (XRPC), and CoinShares (XRPL). Each appears under the “active” section on the DTCC’s official website.
DTCC offers post-trade clearance, settlement, custody and information services to financial markets. A DTCC listing normally means progress but does not guarantee approval and launch. These funds are yet to be cleared by the U.S securities and exchange commission (SEC).
Growing Interest in Altcoin ETFs
The inclusion of spot XRP ETFs follows the successful introduction of spot Bitcoin and Ether ETFs earlier this year. These products drew strong investor attention and opened the door for other altcoins to gain similar exposure. Following these developments, issuers have accelerated efforts to bring new crypto-based funds to market.
Spot ETFs for Litecoin, Solana, and Hedera have already launched after months of regulatory delay. Moreover, XRP and Dogecoin ETFs also launched in the US, giving investors new ways to gain exposure through brokerage accounts. Market participants view the XRP listings as another step toward expanding digital asset investment options in traditional markets.
Potential Launch Timeline and SEC Developments
The changes in SEC listing standards in the recent past may accelerate the approval of new exchange-traded products. These changes allow issuers to file amended S-1 forms, reducing procedural delays. As a result, spot XRP ETFs could become effective by mid-to-late November if no further review is required.
Canary Capital’s spot Litecoin ETF followed a similar path, appearing on the DTCC in February and launching eight months later in October. Industry observers expect a shorter timeline for XRP due to the new streamlined procedures.
Industry Preparations and Market Outlook
Several fund managers have already revealed fee structures for their upcoming XRP ETFs, signaling operational readiness. Canary Capital’s leadership recently indicated full preparedness for a near-term launch. Meanwhile, NovaDius Wealth Management suggested that the first wave of spot XRP ETFs could debut within the coming week. Market analysts believe that successful approval and listing would mark a significant milestone for XRP’s integration into mainstream investment products.
Other altcoin ETF proposals may also advance soon, following a recent U.S. Senate agreement to avoid a government shutdown that had delayed SEC reviews. The addition of these funds to DTCC’s system reflects increasing confidence in digital asset markets. Many investors are closely watching regulatory updates that could determine when XRP ETFs officially reach trading platforms.
