Back
Multiple XRP ETFs Listed on DTCC Platform by Major Asset Managers

Multiple XRP ETFs Listed on DTCC Platform by Major Asset Managers

According to DTCC data, 11 XRP-linked ETFs from issuers including 21Shares, ProShares, Bitwise, Canary Capital, CoinShares, and Franklin Templeton are now listed under Active and Pre-launch categories.

XRP

Summary

DTCC’s website now lists 11 XRP-based ETF products under its Active and Pre-launch categories, as of November 11. The listed issuers include 21Shares, ProShares, Bitwise, Canary Capital, CoinShares, and Franklin Templeton. While DTCC manages securities clearing in the U.S., these ETFs cannot begin trading until they receive formal approval from the Securities and Exchange Commission (SEC). The listings indicate readiness from multiple asset managers for potential market entry, pending regulatory clearance.

Terms & Concepts
  • XRP ETF: An exchange-traded fund providing exposure to XRP, a digital asset used in Ripple's payment network.
  • DTCC (U.S. securities clearing organization): The Depository Trust & Clearing Corporation, a U.S.-based entity providing clearing and settlement services for financial markets.
  • SEC Approval: Authorization granted by the U.S. Securities and Exchange Commission allowing financial products, such as ETFs, to be publicly traded.