Five spot XRP ETFs from major firms are listed on the DTCC. This fuels expectations for a potential U.S. debut later this month, pending SEC approval.
Five spot XRP exchange-traded funds (ETFs) have appeared on the Depository Trust and Clearing Corporation (DTCC) active list. These are ETFs from well-known firms. They include Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares.
Canary Capital Eyes Swift XRP ETF Launch
This listing builds up expectations for a potential US debut. Many expect this to occur later this month. However, a listing on a DTCC exchange does not mean that an official launch will take place. Regulatory approval of the Securities and Exchange Commission (SEC) is still needed.
The funds present in the list include the Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). These additions represent major movement for XRP in the institutional investment space.
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This week, Canary Capital CEO Steven McClurg shared news at Ripple Swell 2025. He said that his firm was hoping to get its XRPC fund in the air very soon. This follows the successful launch of its Litecoin and Hedera ETFs.
McClurg described the process. With the aid of no-delay amendment, Canary’s XRP ETF could be made effective in only 20 days. This method of fast-tracking could speed up the launch.
The listing on the DTCC has given rise to feverish expectations. Many are expecting a U.S. debut for these spot crypto ETFs in November of 2025. This would be a huge achievement for XRP.
XRP market cap soaring to more than $157 billion in February 2025. This occurred after SEC recognized its spot ETF filings. However, it has undergone a correction since then.
Grayscale and WisdomTree Push Ahead with XRP ETF Plans
The listing of an ETF in the DTCC website is a typical procedural step. This prepares a fund for launch to the market. However, it is not an indication of final regulatory approval.
Similar listings were seen for spot Bitcoin and Ethereum ETFs leading to their official launches in 2024. This implies that a standard process is being followed for XRP as well.
The approval of the SEC for the S-1 registration statements is still needed. Only after this approval can the XRP ETFs start the trading. This points to the current regulatory barrier.
In October 2025, forecasters provided different predictions for the price of XRP. Estimates were between about $2.17 and $5.10 by the end of 2025. These predictions are subject to regulation by regulatory factors.
Network upgrades and integration with DeFi are also part of it. Grayscale is also looking for a spot XRP ETF. They are planning to convert their existing XRP Trust.
WisdomTree’s XRP ETF will be listed on the DTCC in the near future. Spot Bitcoin and Ether ETFs have already been successfully launched. They are currently in the trading market.
CME Group has had great success with XRP futures trading. This is thanks to the infrastructure previously built by the earlier Bitcoin and Ethereum derivatives.
In conclusion, the DTCC’s inclusion of five spot XRP ETFs represents a significant step forward in the adoption of XRP by institutional investors. Although market observers expect a U.S. debut in the near future, the final go/no-go on launch rests with the final SEC approval. This development is a crucial step in integrating XRP with conventional finance.