XRP saw a meaningful jump in price after nine exchange-traded funds (ETFs) connected to the cryptocurrency appeared on the official listings of the Depository Trust & Clearing Corporation (DTCC). DTCC is a major part of the U.S. financial system and handles the clearing and settlement of most securities. For beginners, being listed here usually signals that a financial product is preparing for potential approval and might soon be ready for trading.

This appearance on DTCC’s website helped push XRP up by about 7%, taking the price above $2.54. The move has encouraged many investors to wonder whether formal ETF approvals could arrive as early as November.

To understand why these listings are important, it’s helpful to think of DTCC as the “back office” of the financial world. Before any ETF can begin trading on an exchange like Nasdaq or NYSE, it typically needs to be set up within DTCC’s system so trades can settle smoothly and securely. When an ETF shows up in the DTCC database, it usually means the issuer is preparing for launch and has completed a key piece of required infrastructure.

The nine XRP-related ETFs listed include standard spot ETFs and a few leveraged products. Spot ETFs track the actual price of XRP, while leveraged ones aim to amplify daily movements, though they come with much higher risk. These listings indicate that multiple companies well-known names in the ETF world are preparing for products that allow everyday investors to gain simple, regulated exposure to XRP without needing a crypto wallet.

Another factor supporting the ETF outlook is the recent resolution of the U.S. government shutdown. The shutdown had slowed down decision-making at agencies like the SEC. With that issue settled, ETF review timelines are expected to resume normally. Over the last two years, XRP has gained more clarity in the United States after the court ruled that its secondary sales are not securities. This legal clarity helps reduce the risk for issuers, and combined with DTCC preparations, it creates a smoother path toward final approval. Although approval is never guaranteed, the current environment is far more favorable compared to previous years. Many analysts believe that late November or early December is a realistic window for possible decisions.

What This Means for the XRP Ecosystem

If XRP ETFs launch, it could bring a wave of new attention and investment into the cryptocurrency. These products make it easier for retirement accounts, investment firms, and banks to hold XRP legally and safely. This, in turn, could increase daily trading volumes, attract more developers to build applications on the XRP Ledger, and strengthen Ripple’s position in global payments.

The appearance of nine XRP ETFs on the DTCC listings marks an important moment for the cryptocurrency. It reflects growing interest, increasing regulatory readiness, and a shift toward a future where blockchain assets are easier for the public to access. While nothing is guaranteed until official approvals arrive, the progress so far suggests that XRP is moving into a new phase one shaped by transparency, institutional involvement, and real-world use cases.

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About the Author: John Brok

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