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 other asset managers are expanding ETF offerings amid strong market interest.
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 build 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 said at Ripple Swell 2025 that the firm hoped to launch its XRPC fund next week after successfully launching its Litecoin and Hedera ETFs. McClurg explained that with the use of a no-delay amendment, Canary’s XRP ETF could become effective in 20 days.
With more issuers moving quickly, market observers are now expecting to see WisdomTree’s XRP ETF soon join competing funds on DTCC.
Amid this growing wave of filings, Grayscale is also seeking to launch its spot XRP ETF through a conversion of its existing XRP Trust. The trust has achieved approximately $14 million in assets under management since its rollout last September.
Strong early investor demand
A number of XRP-linked products debuted earlier this year, including Teucrium’s 2x Long Daily XRP ETF (XXRP) and ProShares Ultra XRP ETF (UXRP).
The XXRP fund has attracted around $306 million in net assets in less than a year, suggesting market interest in leveraged XRP exposure.
Solana and XRP futures have emerged as CME Group’s fastest-growing crypto products, significantly benefiting from the infrastructural and liquidity advancements established by earlier derivatives for Bitcoin and Ethereum. The success of these products reflects increased market participation and the implementation of popular trading strategies previously applied to older digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Assessing COAI's Significant Price Decline: Should Investors Consider Buying or Exercise Caution?
- ChainOpera AI (COAI) token plummeted 99% from $44.90 to $0.52 in 2025, sparking debates over market fundamentals and governance risks. - Synchronized trading by 60 wallets and governance failures at parent company C3.ai highlighted manipulation risks and operational instability. - Macroeconomic pressures, regulatory ambiguity, and capital shifts to stable AI equities exacerbated COAI's collapse amid broader sector uncertainty. - Analysts caution COAI's structural weaknesses—concentrated ownership and unc
Hyperliquid (HYPE) Price Rally: Is This the Dawn of a New Age for On-Chain Derivatives?
- Hyperliquid's HYPE token surged to $37.54 in late 2025, driven by DeFi 2.0 upgrades, institutional partnerships, and regulatory alignment. - Technological innovations like HyperEVM and HyperCore boosted TVL to $5B, while 11% HLP returns attracted $47B weekly trading volumes. - Regulatory clarity via CLARITY Act and MiCA, plus $420M in institutional staking, positioned HYPE as a hybrid DeFi-TradFi bridge. - Sustainability risks include 23.8% token unlocks ($11.9B liquidity) and macroeconomic pressures, wi
Navigating Uncertainty in Emerging Markets After the Crisis
- Post-crisis emerging markets show structural resilience via policy reforms and risk mitigation, shifting from volatility to stability. - Central banks adopt inflation targeting and flexible exchange rates, while nations like Brazil/Mexico/South Africa prioritize anti-corruption and green energy to attract investment. - Institutional strategies like PESTLE analysis and DFI partnerships help MNEs navigate risks, with Brazil's fintech boom exemplifying adaptive governance. - Investors face growth opportunit
The USE.com Presale Heats Up as Early Contributors Position for a High-Impact Exchange Launch
Trending news
MoreCrypto prices
More
