DTCC Lists Five Spot XRP ETFs, Anticipation Grows Over November Launch

Key Takeaways:

• The official website of the DTCC, an agency that provides post-trade clearance, settlements, custody, and information services in the U.S., has listed five spot XRP ETFs that are in “active” and “pre-launch” categories.

• ETFs from issuers including Bitwise (XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary Capital (XRPC), and CoinShares (XRPL) are expected to make their U.S. debut in the coming weeks as the SEC is back in business following the end of the government shutdown.

• The SEC has updated its listing rules to fast-track the decision timeline of crypto ETFs. The process, which typically took between 6 and 8 months, can now be completed within 72 days. Canary’s XRPC ETF, proposed on November 7, could be launched this week.

• XRP must close above $2.55 to target the October 7 high of $2.69, but failure to sustain here risks a pullback to the $2.38 support level.

The Depository Trust and Clearing Corporation (DTCC) updated its listings to include five spot XRP exchange-traded funds (ETFs), signaling that a wave of investment products tracking the price performance of the fourth-largest cryptocurrency by market capitalization may be nearing a launch in the United States.

The DTCC list, last updated on Friday, November 8, shows both “active ETFs” that may be processed at the agency and “pre-launch ETFs” that cannot be processed yet. Pre-launch ETFs typically lack the necessary regulatory approvals from the Securities and Exchange Commission (SEC) and are more likely to be delayed.

Spot XRP ETFs from Major Issuers Appear on DTCC Site, Signaling Imminent Launch

Its official website now shows the name and ticker symbol of five spot XRP ETFs from issuers, including Bitwise (XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary Capital (XRPC), and CoinShares (XRPL). These funds are listed under the “active and pre-launch” categories.

Generally, when a listing is made with the DTCC – the agency that provides post-trade clearance, settlement, custody, and information services – it is considered a positive signal for ETFs that are seeking an imminent launch. However, an appearance on the DTCC website does not guarantee an exchange debut, particularly in the case of ETFs that are still awaiting the SEC’s approval.

It was reported earlier this month that XRP ETFs are expected to be launched in the U.S. within the next two weeks. Regulatory filings with the SEC revealed that several products are in the pipeline, and some were advised to remove the S-1 clauses to fast-track the decision process, suggesting that their approval is almost guaranteed.

Canary’s spot Litecoin ETF, the only LTC-backed fund in the U.S., was listed on the DTCC website in February and launched only last month. Similarly, the spot Solana and Hedera ETFs also launched following months of delay by the SEC.

Currently, there is just one spot XRP ETF trading on Wallet Street, the Rex-Osprey XRPR ETF, which debuted last month. As of October 31, 2025, the fund had $114.53 million in assets under management (AUM).

Canary’s Spot XRP ETF May Launch This Week, Says Nate Geraci — More Listings Expected in November

Nate Geraci, co-founder of the ETF Institute, wrote in a Monday X post that the end of the 40-day-long U.S. government shutdown means the “spot crypto ETF floodgates” are opening. He noted that the first batch of spot XRP ETFs could be launched as early as this week.

Last week, Geraci said that Canary’s XRPC ETF may gain SEC approval by Friday. The digital asset manager and ETF issuer filed with the regulator on November 8, seeking to list and trade its spot XRP fund on the Nasdaq exchange. According to the filing documents, the ETF will use CoinDesk Indices to calculate its pricing benchmark on a 60-minute time-weighted average price of the XRP/USD CCIXber Reference Rate. Canary’s trust has named Gemini and BitGo as custodians for its XRP assets.

During his address at the Ripple Swell event last week, Canary CEO Steven McClurg said the firm is fully prepared to launch the XRPC over the coming days.

He also mentioned that asset management giant WisdomTree has filed for a CoinDesk 20 ETF, an index fund that will hold 20 of the largest crypto assets by market cap as per CoinDesk’s ranking. XRP is expected to account for nearly 19.6% of the ETF’s total holdings. WisdomTree already offers physically backed exchange-traded products (ETPs) for Bitcoin and Ethereum – BTCW and ETHW – on the London Stock Exchange (LSE) and other European exchanges, including Xetra, SIX Swiss Exchange, and Euronext in Paris and Amsterdam.

Earlier this month, Grayscale and Bitwise revealed the fees for their upcoming XRP ETFs, at 0.34% and 0.35% of the funds, respectively.

Charles Schwab Survey: 62% of U.S. Investors Plan to Go All-In on ETFs Within 5 Years

Charles Schwab’s latest ETF study suggests that nearly 62% of investors plan on putting all their money into exchange-traded products. Half of them said they could be fully invested in ETFs over the next five years. This signals a growing affinity for and reliance on regulated products to gain exposure to a wide range of asset classes.

Meanwhile, 66% of the survey’s respondents began investing in ETFs within the last five years. Nearly 94% of investors also agreed that ETFs helped them maintain low costs within their portfolios. Another 46% said ETFs offered them access to asset classes that would otherwise not be available, like cryptocurrencies.

David Botset, an executive at Charles Schwab, highlighted that U.S. investors are increasingly using ETFs for low-cost core portfolio investments. He noted that 48% of ETF buyers want to be in a fixed income allocation.

XRP Price Analysis: Holding Above $2.55 Key to Sustaining Bullish Momentum

XRP broke above the 23.6% Fibonacci retracement ($2.55) and its 7-day SMA ($2.29), but faces resistance at the 30-day Simple Moving Average ($2.44). This means that while the government shutdown resolution removed a systemic risk for the price, technical indicators show mixed signals. 

XRP’s RSI reading, ranging between 45 and 49, suggests more room to climb, but a bearish MACD histogram hints at volatility. A close above $2.55 could target the October 7 high of $2.69. However, failure risks a pullback to the $2.38 support zone.

At the time of writing, XRP is trading at $2.53 – up 11.92% in 24 hours.