DTCC Lists Five Spot XRP ETFs as Market Awaits Potential November Launch

Anticipation is rising across the crypto market after the Depository Trust and Clearing Corporation (DTCC) listed five spot XRP exchange-traded funds (ETFs) on its official website — a move that could signal their upcoming launch.

According to DTCC’s “active and pre-launch” category, the listed funds include offerings from Bitwise (XRP), Franklin Templeton (XRPZ), 21Shares (TOXR), Canary (XRPC), and CoinShares (XRPL). The DTCC, which handles post-trade clearance, settlement, and custody for financial markets, often lists ETFs ahead of their official debut. While such listings are seen as a positive indicator, they do not guarantee regulatory approval or an imminent launch, as final authorization from the U.S. Securities and Exchange Commission (SEC) is still required.

The move follows a wave of momentum in the digital asset ETF space. After the successful rollout of spot Bitcoin and Ether ETFs, issuers have been racing to expand into other cryptocurrencies. In recent months, spot ETFs for Litecoin, Solana, and Hedera have also launched, reflecting growing investor appetite for regulated exposure to crypto assets.

Canary Capital’s spot Litecoin ETF offers a telling precedent: it appeared on the DTCC list in February and officially launched in October, roughly eight months later. However, the current regulatory landscape may accelerate the timeline for XRP funds.

XRP ETF Ready to Launch Next Week, Confirms Canary Capital CEO at Ripple Swell

At Ripple’s Swell conference in New York, the buzz around an XRP Exchange-Traded Fund (ETF) hit a new peak. Steven McClurg, CEO of Canary Capital, told the audience, “We’re ready to launch the XRP ETF next week.”If that happens, XRP could soon join Bitcoin and Ethereum in the list of crypto assets…

TradingView

The SEC recently introduced generic listing standards for exchange-traded products (ETPs), which allow certain filings to move forward automatically under amended S-1 procedures. This change could enable the first batch of spot XRP ETFs to become effective as early as mid-to-late November, assuming no additional delays.

Several issuers have already revealed key details about their upcoming products. Earlier this month, Grayscale and Bitwise announced their fee structures for spot XRP funds. Meanwhile, Canary Capital CEO Steven McClurg reportedly told attendees at Ripple’s Swell conference that his firm is fully prepared to launch its ETF next week.

Adding to the optimism, NovaDius Wealth Management President Nate Geraci wrote on X (formerly Twitter) that he expects the first XRP ETFs to debut within the coming week.

Broader regulatory progress could also speed up approvals for other altcoin funds, as the U.S. Senate’s recent agreement to prevent a government shutdown has restored the SEC’s capacity to review pending applications.

Senators advance tentative deal to end the government shutdown

The deal, negotiated by a group of Democrats and GOP leaders, funds the government through Jan. 30. If it passes, it still needs to clear the House, which will likely take days.

NBC NewsFrank Thorp V

With five XRP ETFs now listed on the DTCC and new regulatory pathways opening, investors are watching closely for what could be the next major milestone in the crypto ETF market. If approvals proceed smoothly, November could mark the official arrival of spot XRP ETFs — a development poised to shape the next phase of institutional participation in digital assets.