The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP ETFs, signaling that institutional appetite for Ripple’s native token is accelerating. The listings include both futures-based and spot-based products, suggesting that the first U.S. spot XRP ETFs may debut this month despite ongoing regulatory delays.
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While a DTCC listing does not automatically mean trading has begun, it represents a key preparatory step toward launch. Futures ETFs, such as UXRP, XRPI, XRPT, and XXRP, are already live, while spot-focused funds like TOXR, XRP, XRPC, and XRPL await the final approval.
Notably, the review process stalled due to the October U.S. government shutdown, which froze more than a dozen altcoin ETF filings, including those tied to Solana, Dogecoin, and Cardano.
However, with Canary Capital removing delaying amendments and setting November 13 as the automatic effective date for its XRP ETF, analysts now expect trading to begin within days.
Bitwise and Grayscale Fast-Track XRP ETFs Without SEC Approval
Major asset managers Bitwise and Grayscale have confirmed plans to roll out their XRP ETFs under newly adopted SEC listing standards that allow automatic effectiveness after 20 days if no objections are filed.
This means both firms could list their funds without explicit SEC approval, a move that marks a significant regulatory shift in the U.S. Bitwise has set a 0.34% management fee for its XRP ETF, while Grayscale’s proposed fund carries a 0.35% fee, the same rate as its Dogecoin ETF.
Both issuers are replicating their successful Solana ETF strategies, which drew over $56 million in first-day trading volume, signaling robust institutional demand.
According to Nate Geraci, president of NovaDius Wealth Management, “The launch of spot XRP ETFs marks the end of an era of anti-crypto regulation.” If approved, XRP could soon join Bitcoin, Ethereum, and Solana as a core asset class in the ETF landscape.
Analysts Eye a Breakout as XRP Holds Above Key Support
Despite short-term weakness, XRP continues to hold above the $2.25 support zone, a level analysts view as pivotal for the next bullish leg. Market watcher Dominus recently predicted XRP will “print the largest green candle in crypto history,” citing the convergence of ETF-driven demand, institutional adoption, and on-chain strength.
Meanwhile, Ripple’s RLUSD stablecoin has surpassed $1 billion in valuation, further solidifying the company’s ecosystem strength.
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If the XRP ETFs begin trading mid-November as expected, the combination of institutional inflows and renewed market optimism could ignite one of the strongest rallies in XRP’s history, potentially validating the long-awaited bullish breakout.
Cover image from ChatGPT, XRPUSD chart from Tradingview
