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HomeCrypto NewsMarketDTCC Lists Nine XRP ETFs as Spot Products Prepare for Launch

DTCC Lists Nine XRP ETFs as Spot Products Prepare for Launch

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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:

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  • 21Shares Core XRP Trust (TOXR) 
  • ProShares Ultra XRP ETF (UXRP)
  • Bitwise XRP ETF (XRP)
  • Canary XRP ETF (XRPC)
  • Volatility Shares Trust XRP ETF (XRPI)
  • CoinShares XRP ETF (XRPL)
  • REX-Osprey XRP ETF (XRPR)
  • Volatility Shares 2x XRP ETF (XRPT), and 
  • Teucrium 2x Long Daily XRP ETF (XXRP).

These funds, which cover both spot and futures strategies, were filed between October 2024 and June 2025.

Some of the XRP ETFs on the DTCC
Some of the XRP ETFs on the DTCC

For the uninitiated, when an ETF appears on the DTCC site, it means the fund has completed early registration steps and is ready for potential market settlement once it receives approval. 

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.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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