- XRP’s price surged 12% after the DTCC (Depository Trust & Clearing Corporation) added five spot XRP ETFs to its public “active and pre-launch” roster.
- The DTCC listing signifies that the market plumbing is operationally ready for these ETFs (including tickers and back-end setup), echoing the process seen with Bitcoin and Ethereum funds.
- While the listing does not guarantee SEC approval, the ETFs from issuers like Bitwise and Franklin Templeton are nearing day-one trading, especially as the SEC’s regulatory backlog unfreezes.
XRP jumped about 12% to roughly US$2.52 (AU$3.78) after the Depository Trust & Clearing Corporation (DTCC) added five spot XRP ETFs to its public “active and pre-launch” roster.
The DTCC entries sparked bets that XRP funds are nearing day-one trading, echoing the sequence seen with Bitcoin and then Ethereum earlier.
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ETF Issuers Gearing Up
DTCC’s listing matters because it means the market plumbing is ready. DTCC is the core U.S. clearing and settlement utility, handling about US$3.7 quadrillion (AU$5.55 quadrillion) in 2024. ETFs must be wired into this system with tickers, CUSIPs, and back-end setup before they can trade.
As stated, this does not mean SEC approval, but a DTCC entry is a sign that there’s operational readiness (keep in mind the majority of products never advance beyond this stage). The SEC still has to approve exchange rule changes and declare the registration statements effective.
The newly listed products are Bitwise XRP ETF (XRP), Franklin Templeton XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Canary Capital XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). Their appearance on DTCC coincides with the end of the US government shutdown, allowing the SEC to resume normal reviews.
XRP Price Outlook
If approved, these ETFs would let investors get XRP exposure through standard brokerage and retirement accounts, without using crypto exchanges. That lowers operational friction and ties XRP pricing more closely to US securities infrastructure.
XRP is currently trading at US$2.52 (AU$3.86), an increase of 8.3% daily and 9.4% in the last week.
Generally, the crypto market rebounded to US$3.65 trillion (AU$5.3 trillion), with most crypto assets seeing minimal gains of 1% to 2%. But XRP has outpaced most cryptocurrencies in the past couple of days, alongside Trump-related tokens like WLF and Official Trump, both surging by double digits.
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