- DTCC lists five spot XRP ETFs under “active and pre-launch.”
- Issuers include Bitwise, Franklin Templeton, and more.
- U.S. market may see XRP ETF trading as early as next week.
The U.S. may be just days away from a historic moment in crypto finance — the launch of the first-ever spot XRP exchange-traded funds (ETFs). The Depository Trust & Clearing Corporation (DTCC), a key U.S. market infrastructure provider, has listed five spot XRP ETFs under its “active and pre-launch” category.
This signals that these funds could start trading as early as next week, marking a major milestone for XRP adoption and broader crypto investment.
Who’s Behind the XRP ETF Proposals?
The five ETF listings include some of the most prominent asset managers in the crypto space:
- Bitwise
- Franklin Templeton
- 21Shares
- Canary
- CoinShares
These firms are well-established players with experience managing crypto-related financial products. Their move into XRP ETFs indicates growing confidence in the asset and its regulatory environment, especially following Ripple’s partial legal victory over the SEC.
Each of these issuers aims to offer spot-based exposure, meaning the ETFs will be backed directly by XRP rather than derivatives or futures — a structure that appeals to both institutional and retail investors looking for real crypto exposure.
What This Means for the Crypto Industry
If approved, the XRP ETF launch will make XRP the second major altcoin after Ethereum to enter the U.S. ETF space. This could open the doors to billions in institutional inflows and help establish XRP as a mainstream financial asset.
Furthermore, the rapid listing of multiple ETFs under the DTCC’s “active and pre-launch” section hints at growing momentum in crypto regulation and adoption. It’s not just about Bitcoin anymore — altcoins like XRP are entering the spotlight.
Market watchers are now eyeing the SEC’s next move. If the ETFs go live next week, it will signal a green light for altcoin-based ETFs across the board.
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