- •Five XRP spot ETFs from Franklin Templeton, 21Shares, Bitwise, Canary Capital, and CoinShares are now listed on DTCC.
- •The listings indicate readiness for a potential US market launch, pending final regulatory approval.
- •Additional XRP-linked ETFs, including leveraged products, are also listed, reflecting broader investor demand for XRP exposure.
The listing of five XRP spot ETFs on the Depository Trust and Clearing Corporation (DTCC) marks a notable development for XRP investors and the broader digital asset market. The move reflects increasing institutional interest in crypto-linked investment products, especially as major issuers expand their ETF portfolios across multiple digital assets.
Growing Presence of XRP ETFs
According to the official DTCC listings, the following XRP spot ETFs have appeared on the platform: Franklin XRP Trust (XRPZ), 21Shares XRP ETF (OXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). These funds are managed by well-known asset managers such as Franklin Templeton, 21Shares, Bitwise, Canary Capital, and CoinShares, all of which have been active in the development of exchange-traded products for digital assets.
The listings come amid increasing anticipation for an official US market debut later this month. While DTCC listing is not a guarantee of imminent trading, it typically indicates that a fund is operationally ready for launch once regulatory approvals are finalized.
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Industry Developments and Issuer Activity
During the Ripple Swell 2025 event, Canary Capital CEO Steven McClurg mentioned that the firm aimed to launch its XRPC fund as early as next week. He noted that by using a “no-delay amendment”, the ETF could become effective within 20 days. If approved, the XRPC fund would follow Canary’s successful launches of Litecoin and Hedera ETFs earlier this year.
Other issuers are expected to follow suit. Market observers have pointed out that WisdomTree may soon add its own XRP ETF to the list, joining the wave of applications already in progress. Meanwhile, Grayscale is reportedly seeking to convert its existing XRP Trust into a spot ETF, with the trust currently holding approximately $14 million in assets under management since its launch last September.
Investor Demand for XRP Exposure
Interest in XRP-based products has been growing steadily. Earlier this year, leveraged ETFs such as Teucrium’s 2x Long Daily XRP ETF (XXRP) and ProShares Ultra XRP ETF (UXRP) entered the market, both generating strong inflows. The XXRP fund alone has attracted around $306 million in net assets within its first year, highlighting appetite among investors for diversified XRP exposure.
Beyond ETFs, XRP futures have also seen a surge in demand. Data from CME Group indicates that XRP and Solana futures are among the fastest-growing crypto derivatives, benefiting from improved liquidity and infrastructure built around established Bitcoin and Ethereum products.
Beyond the Spot Listings
Alongside the five newly listed spot ETFs, several other XRP-linked funds are also recorded on the DTCC platform. These include leveraged and structured products that cater to investors seeking alternative exposure strategies. Their inclusion highlights how XRP’s market infrastructure is expanding beyond simple spot tracking, with issuers introducing a wider range of investment products designed to meet different levels of risk tolerance and trading objectives.
Institutional Interest Gains Momentum
The growing number of XRP ETF filings and listings shows how traditional finance is steadily incorporating crypto assets into mainstream investment products. The addition of these ETFs to DTCC’s list suggests a more mature infrastructure forming around XRP, allowing investors to gain exposure through regulated and accessible channels.
While official trading dates remain unconfirmed, the momentum around XRP ETFs reflects an evolving digital asset landscape where investor demand, institutional confidence, and regulatory progress are increasingly converging.
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Looking Ahead
With five XRP spot ETFs now listed on DTCC, the market is watching closely for potential approvals and trading launches in the coming weeks. The development underscores XRP’s strengthening position within institutional portfolios and marks another step toward broader adoption of digital asset ETFs in the United States.