XRP ETF Listings on DTCC: 11 Products Signal Potential Launch Amid Shutdown Resolution

The Depository Trust & Clearing Corporation (DTCC) website now features 11 XRP ETF products under its “active and pre-launch” category, marking a significant step toward broader institutional access to Ripple’s native token in the U.S. market. Issuers including 21Shares, ProShares, Bitwise, Canary Capital, Franklin Templeton, Volatility Shares, REX-Osprey, CoinShares, and Amplify have secured DTCC tickers for their proposed spot XRP exchange-traded funds, as reported across multiple crypto news outlets on November 10-13, 2025.

This development coincides with the recent end of the U.S. government’s 43-day shutdown, which analysts suggest could accelerate SEC reviews and pave the way for XRP ETF approvals in the coming weeks. For crypto investors and blockchain enthusiasts tracking decentralized finance trends, these XRP ETF listings highlight growing mainstream integration of altcoins, though full launches remain pending regulatory green lights.

What Are the 11 XRP ETF Listings on DTCC?

The 11 XRP ETF listings on the DTCC represent proposed spot exchange-traded funds designed to track XRP’s price performance, allowing investors to gain exposure through traditional brokerage accounts without direct token custody. Specific products include Bitwise’s XRP ETF (ticker: XRP), Canary Capital’s XRPC, CoinShares’ XRPL, Franklin Templeton’s XRPZ, and 21Shares’ TOXR, among others from ProShares, Volatility Shares, REX-Osprey, and Amplify. These filings appear in DTCC’s pre-launch section, a standard procedural step for new financial products that enables clearing and settlement infrastructure setup. While not indicative of SEC approval, the listings follow July 2025 SEC guidance on crypto ETPs and build on successful Bitcoin and Ethereum ETF rollouts. As of November 13, 2025, no trading has commenced, and Grayscale’s XRP Trust and WisdomTree’s fund are notably absent from the roster.

• Key Issuers and Tickers: Bitwise (XRP), Canary Capital (XRPC), CoinShares (XRPL), Franklin Templeton (XRPZ), 21Shares (TOXR).
• Additional Filers: ProShares, Volatility Shares, REX-Osprey, Amplify—totaling 11 products.
• DTCC Role: Handles post-trade processing; listings signal infrastructure readiness.
• Status: All under “active and pre-launch”; no active trading yet.
• Omission Note: Grayscale and WisdomTree absent, per DTCC records.

Why XRP ETF Listings Matter in 2025 Blockchain Trends

These XRP ETF listings matter in 2025 because they reflect accelerating institutional interest in altcoins beyond Bitcoin and Ethereum, potentially unlocking billions in capital inflows to the XRP Ledger ecosystem amid clearer regulatory paths from initiatives like the Digital Asset Market Clarity Act. The timing aligns with the U.S. shutdown’s resolution on November 12, which halted federal operations and delayed SEC processing; its end could expedite reviews, addressing common investor queries on XRP ETF timelines. For blockchain users focused on cross-border payments and DeFi, spot XRP ETFs would enhance liquidity and wallet accessibility without direct exposure to volatility or custody risks. This progress underscores XRP’s evolution from legal battles to mainstream asset, though it emphasizes the need for compliant platforms to mitigate ongoing uncertainties.

• Institutional Signal: Listings from established firms like Franklin Templeton indicate confidence in XRP’s utility.
• Shutdown Impact: 43-day impasse delayed filings; resolution may speed approvals.
• Market Precedent: Follows $50B+ inflows to BTC/ETH ETFs, hinting at similar XRP potential.
• Adoption Boost: Enables retail access via brokers, aligning with DeFi trends.
• Regulatory Context: Builds on SEC’s July 2025 crypto ETP guidance.

How XRP ETF Listings on DTCC Work

XRP ETF listings on the DTCC function as a backend milestone in the product lifecycle: issuers file S-1 forms with the SEC, and upon preliminary clearance, DTCC assigns identifiers for operational readiness, including share creation and redemption processes. For spot XRP ETFs, authorized participants would deliver XRP to custodians in exchange for ETF shares, with DTCC facilitating settlement to ensure efficient trading. This pre-launch status allows issuers to prepare marketing and compliance, but actual launches require final SEC nods and exchange listings. In practice, it mirrors steps seen in prior altcoin ETPs, providing transparency via public DTCC databases while maintaining blockchain’s on-chain verification for underlying assets.

• Filing Sequence: S-1 submission → SEC review → DTCC ticker assignment.
• Custody Mechanics: XRP held by regulated custodians; ETFs track spot price.
• Settlement Role: DTCC processes creations/redemptions in T+1 cycles.
• Launch Triggers: Final SEC approval + exchange notice.
• Transparency Tool: Public DTCC listings track progress without hype.

Real-World Applications and Future of XRP ETFs

XRP ETF listings enable practical applications like portfolio diversification for institutions using XRP for efficient remittances via the XRP Ledger, or retail investors hedging via brokerages without managing private keys. For example, a payment firm could allocate to an XRP ETF for exposure to Ripple’s On-Demand Liquidity, settled on-chain for low-fee global transfers. Looking to late 2025, analysts anticipate first launches by year-end if SEC momentum holds, potentially integrating with stablecoin frameworks under the GENIUS Act. These products could drive XRP’s utility in DeFi bridges and tokenized assets, but users should prioritize licensed custodians for security.

• Remittance Use: ETFs facilitate indirect access to XRP’s 3-5 second settlement.
• Institutional Fit: Franklin Templeton-style funds appeal to traditional portfolios.
• DeFi Synergy: Enhances liquidity for XRP-based lending protocols.
• Timeline Outlook: Possible Q4 2025 launches post-shutdown.
• Risk Focus: Volatility persists; diversify via compliant vehicles.

In summary, the 11 XRP ETF listings on the DTCC as of November 13, 2025—from issuers like 21Shares and Bitwise—represent procedural progress toward spot products, amplified by the recent government shutdown’s end that may hasten SEC actions. This step advances XRP’s role in blockchain payments and DeFi without guaranteeing launches. For next steps, monitor DTCC updates and SEC filings, review XRP Ledger resources for utility insights, or explore compliant wallet options to engage thoughtfully with emerging trends.