Five Spot XRP ETFs Appear on DTCC Platform, Signaling Market Debut Nears

• Five spot XRP ETFs listed on DTCC, signaling imminent U.S. market launch.
• SEC review process resumes after shutdown, clearing path for XRP ETF approvals.
• Institutional demand grows as XRP-linked funds surpass $100 million in assets.

The Depository Trust and Clearing Corporation (DTCC) has added five spot XRP exchange-traded funds (ETFs) to its listings, marking a major operational step that typically precedes market launch. The newly listed funds — from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares — indicate that the products could begin trading later this month as regulatory conditions normalize following the end of the U.S. government shutdown.

According to DTCC data, the listings include the Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). Such entries generally occur after clearing and settlement processes have been finalized, suggesting that regulatory authorization is likely imminent.

Franklin Templeton recently amended its S-1 registration with the Securities and Exchange Commission (SEC), a procedural step that enables the product to take effect automatically once all regulatory conditions are satisfied. Bloomberg ETF analyst James Seyffart noted that the firm’s latest update aligns with preparations for a November rollout.

Bitwise has also filed what analysts describe as its final amendment for approval. At the same time, Canary Capital withdrew its “delaying amendment,” enabling its own ETF application to become automatically effective once Nasdaq completes its related 8-A filing. Filings by CoinShares and 21Shares are expected to follow, completing a coordinated sequence that could see multiple XRP funds enter the market in close succession.

Shutdown Resolution Clears Path for SEC Reviews

Progress toward these launches has accelerated after the U.S. Senate voted to end the month-long government shutdown and passed a bipartisan spending package restoring normal agency operations. During the funding lapse, the SEC had paused reviews and approvals for new financial products, including crypto-based ETFs.

With the shutdown resolved, pending ETF applications, such as those tied to XRP, can now proceed through the agency’s review pipeline.

Growing Institutional Interest in XRP Instruments

Earlier in the year, leveraged XRP-based funds such as Teucrium’s 2x Long Daily (XXRP) and Rex-Osprey’s (XRPR) attracted notable inflows. Data shows XRPR currently manages more than $100 million in assets, underscoring institutional interest in XRP-linked investment products.

If approved, the five spot XRP ETFs would mark the first direct exposure products for the digital asset in U.S. markets, reflecting increasing infrastructure readiness for cryptocurrency-based investment vehicles.