Five XRP spot ETFs now listed on DTCC ahead of potential launch this month
Key Takeaways
Five spot XRP ETFs have been listed on DTCC ahead of a potential US launch this month.
Grayscale and different asset managers are increasing ETF choices amid sturdy market curiosity.
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Five spot XRP exchange-traded funds from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the Depository Trust and Clearing Corporation (DTCC), as expectations construct for a potential US debut later this month.
The listed funds are Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL).
This week, Canary Capital CEO Steven McClurg mentioned at Ripple Swell 2025 that the agency hoped to launch its XRPC fund subsequent week after efficiently launching its Litecoin and Hedera ETFs. McClurg defined that with the use of a no-delay modification, Canary’s XRP ETF might develop into efficient in 20 days.
With extra issuers transferring shortly, market observers are now anticipating to see WisdomTree’s XRP ETF quickly be part of competing funds on DTCC.
Amid this rising wave of filings, Grayscale can also be in search of to launch its spot XRP ETF by way of a conversion of its current XRP Trust. The belief has achieved roughly $14 million in property underneath administration since its rollout final September.
Strong early investor demand
A quantity of XRP-linked merchandise debuted earlier this 12 months, together with Teucrium’s 2x Long Daily XRP ETF (XXRP) and ProfessionalShares Ultra XRP ETF (UXRP).
The XXRP fund has attracted round $306 million in web property in lower than a 12 months, suggesting market curiosity in leveraged XRP publicity.
Solana and XRP futures have emerged as CME Group’s fastest-growing crypto merchandise, considerably benefiting from the infrastructural and liquidity developments established by earlier derivatives for Bitcoin and Ethereum. The success of these merchandise displays elevated market participation and the implementation of fashionable buying and selling methods beforehand utilized to older digital property.
