Key Developments and Institutional Interest
In a major development for the crypto market, several financial giants including Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares have listed their XRP Exchange-Traded Funds (ETFs) on the Depository Trust & Clearing Corporation (DTCC) platform.
The DTCC is a crucial infrastructure in the U.S. financial markets, and a listing there often suggests that a product is nearing approval or is being prepared for launch. While this doesn’t confirm SEC approval just yet, the move has generated significant optimism among XRP investors and the broader crypto community.
Significance for XRP and the Crypto Market
The listing of XRP ETFs by such reputable asset managers is a powerful signal of growing institutional confidence in XRP. In the past, similar ETF listings for Bitcoin and Ethereum on the DTCC preceded full regulatory approvals and major market rallies.
For XRP, which has faced regulatory scrutiny and legal battles—especially the long-standing case with the U.S. Securities and Exchange Commission (SEC)—this development could mark a turning point. Institutional products like ETFs bring legitimacy, access, and broader exposure to retail and professional investors alike.
UPDATE: Bitwise, Franklin Templeton, 21Shares, Canary Capital and CoinShares XRP ETFs are now listed on the DTCC platform. pic.twitter.com/BlsBjz5Gmo
— Cointelegraph (@Cointelegraph) November 10, 2025
Anticipating Future Developments
While this listing on DTCC doesn’t mean immediate trading, it is often one of the final steps before ETF products go live. Many are now speculating whether the SEC could follow up with approvals in the coming weeks or months, especially given growing pressure from both lawmakers and market participants to provide regulatory clarity on digital assets.
If approved, XRP ETFs could unlock a new wave of capital into the asset—much like what was seen with Bitcoin spot ETFs earlier in the year. Investors and crypto watchers will now be keeping a close eye on any SEC statements or additional updates from the fund providers.