DTCC Lists Nine XRP ETFs as Spot Products Prepare for Launch

The Depository Trust & Clearing Corporation (DTCC) now lists nine XRP ETFs, as spot products prepare for launch.

Notably, the growing lineup indicates that there is a rise in institutional interest in XRP and suggests that the first U.S. spot XRP ETFs may finally debut this month

DTCC Lists Nine XRP ETFs

The nine XRP ETFs on the DTCC’s platform include:

Notably, a DTCC listing doesn’t automatically mean trading has begun, but it does show that issuers and clearing partners have prepared for launch

Futures XRP ETFs Already Live, Spot Products Awaiting Debut

Some XRP ETFs are already live, while others are still waiting for clearance from the U.S. Securities and Exchange Commission (SEC), which has delayed several reviews due to recent government shutdowns.

The nine XRP ETFs fall into two main groups: futures-based and spot-based products. Specifically, UXRP, XRPI, XRPT, and XXRP track XRP prices through futures contracts, with daily leverage of one to two times the price movement. These funds don’t hold real XRP

Meanwhile, TOXR, XRP, XRPC, XRPL, and XRPR focus on spot exposure, meaning they hold XRP directly in custody accounts to mirror the token’s price more closely.

Several futures ETFs, including UXRP, XXRP, XRPI, and XRPT, have already gone live. XRPR, a hybrid fund from REX-Osprey with roughly 80% spot exposure under 1940 Act compliance, also launched in September. On the other hand, pure spot products TOXR, XRP, XRPC, and XRPL are still awaiting final SEC approval.

The review process for these spot ETFs stalled after the U.S. government’s shutdown on Oct. 1, which froze more than 16 pending altcoin ETF applications, including those tied to XRP, Solana, Dogecoin, and Cardano.

Spot XRP ETFs Could Launch This Month

Despite the shutdown, the altcoin ETF space recently saw major progress. On Oct. 28, Canary Capital launched the first U.S. spot Litecoin ETF. On the same day, Bitwise rolled out its spot Solana ETF (BSOL) under new generic listing standards approved in September. By Oct. 29, Grayscale’s Solana ETF (GSOL) also launched.

Attention soon shifted to XRP ETFs. Reporter Eleanor Terrett revealed that Canary Capital removed the delaying amendment from its XRP ETF filing, which sets November 13 as the automatic effective date once Nasdaq clears the ticker

A day later, Fidelity and Canary filed final S-1 updates for other altcoin ETFs. The same window now applies to multiple XRP filings. If the SEC clears these filings, the first batch of pure spot XRP ETFs could begin trading on Nov. 13. Additional spot ETFs for Dogecoin, Cardano, and Avalanche may follow before the end of November.