Key Takeaways:
- Five XRP ETFs listed on DTCC, signaling imminent launch.
- Franklin Templeton, Bitwise, and Canary Capital lead the filings.
- U.S. government reopening enables SEC to process approvals.
- Launch could mark a pivotal shift in XRP’s institutional adoption.
The XRP market could be on the verge of a major shift. Five spot Ripple exchange-traded funds (ETFs) — from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares — have appeared on the Depository Trust and Clearing Corporation (DTCC) website, signaling that regulatory approval and trading may be just days away.
DTCC Listings Signal Imminent Approval
The DTCC’s listings for the Franklin XRP Trust (XRPZ), 21Shares (TOXR), Bitwise ETF (XRP), Canary (XRPC), and CoinShares (XRPL) suggest the funds are entering their final stages before market debut. This step typically means that trading and settlement logistics are being finalized — a crucial indicator of pending launch.
Also Read: XRP ETF Buzz: Wall Street Eyes $1B Inflows as SEC Streamlines Crypto Listings
Bloomberg ETF analyst James Seyffart noted that Franklin Templeton’s updated S-1 filing now lets its product take effect automatically once it meets all regulatory conditions. Similarly, Bitwise and Canary Capital have filed what appear to be their final amendments, potentially paving the way for approval this week.
Coordinated Filings Show Growing Institutional Interest
CoinShares and 21Shares are expected to follow soon, completing a synchronized series of filings that could see multiple XRP ETFs debut within the same month. Such coordination highlights growing institutional confidence in Ripple’s XRP ecosystem and the maturing appetite for regulated crypto investment products.
Political Developments Strengthen Launch Outlook
The recent resolution of the U.S. government shutdown has also boosted optimism. The Senate’s bipartisan funding agreement allows the SEC to resume normal operations, clearing the backlog of pending ETF applications. During the shutdown, no new filings were being processed, temporarily freezing product launches.
Also Read: Ripple Lawyer Shuts Down XRP Escrow Seizure Rumors as U.S. Crypto Reserve Speculation Grows
Now, with the SEC back in action, pending Ripple fund approvals can proceed. The success of leveraged XRP products like Teucrium 2x Long Daily (XXRP) and Rex-Osprey (XRPR) — the latter already surpassing $100 million in assets under management — underscores growing investor appetite.
XRP Faces a Potential Turning Point in Market Momentum
If all five spot XRP ETFs go live this month, it would mark a watershed moment for Ripple adoption — similar to how spot Bitcoin ETFs reshaped BTC’s investment narrative. Analysts believe this could legitimize XRP further among institutional investors and provide new liquidity channels for the broader crypto market.
