The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP ETFs, signaling that institutional appetite for Ripple’s native token is accelerating. The listings include both futures-based and spot-based products, suggesting that the first U.S. spot XRP ETFs may debut this month despite ongoing regulatory delays.
Notably, the review process stalled due to the October U.S. government shutdown, which froze more than a dozen altcoin ETF filings, including those tied to Solana, Dogecoin, and Cardano.
However, with Canary Capital removing delaying amendments and setting November 13 as the automatic effective date for its XRP ETF, analysts now expect trading to begin within days.
This means both firms could list their funds without explicit SEC approval, a move that marks a significant regulatory shift in the U.S. Bitwise has set a 0.34% management fee for its XRP ETF, while Grayscale’s proposed fund carries a 0.35% fee, the same rate as its Dogecoin ETF.
Both issuers are replicating their successful Solana ETF strategies, which drew over $56 million in first-day trading volume, signaling robust institutional demand.
According to Nate Geraci, president of NovaDius Wealth Management, “The launch of spot XRP ETFs marks the end of an era of anti-crypto regulation.” If approved, XRP could soon join Bitcoin, Ethereum, and Solana as a core asset class in the ETF landscape.
Meanwhile, Ripple’s RLUSD stablecoin has surpassed $1 billion in valuation, further solidifying the company’s ecosystem strength.
If the XRP ETFs begin trading mid-November as expected, the combination of institutional inflows and renewed market optimism could ignite one of the strongest rallies in XRP’s history, potentially validating the long-awaited bullish breakout.
Cover image from ChatGPT, XRPUSD chart from Tradingview
