DTCC lists five spot XRP ETFs as November launch anticipation grows
The DTCC listed five spot XRP ETFs, fueling expectations for a November launch following new SEC listing standards.Summary
The Depository Trust and Clearing Corporation (DTCC) has listed five spot XRP exchange-traded funds (ETFs) from issuers including Bitwise, Franklin Templeton, 21Shares, Canary, and CoinShares under its "active and pre-launch" category. This listing is generally a positive precursor to an ETF launch, although final SEC approval is still required. Anticipation for a November launch is high because the SEC recently implemented generic listing standards that could fast-track approvals via amended S-1 filings, potentially allowing funds to become effective by mid-to-late November. Further fueling this expectation, issuers like Grayscale and Bitwise have revealed fees for their XRP funds, and the CEO of Canary Capital reportedly stated their spot XRP ETF is ready to launch next week.
(Source：The Block)