Several XRP exchange-traded funds (ETFs) are emerging on the Depository Trust and Clearing Corporation (DTCC) platform as XRP experiences a significant price increase following an agreement in the US Senate to wrap up the long-standing government shutdown. The crypto community anticipates these funds will be launched soon.

The Senate has reportedly reached a budget agreement to end the government shutdown, which has bolstered market optimism, including within the cryptocurrency sector.
Translation: The Senate has reportedly reached a budget agreement to end the government shutdown, which has bolstered market optimism, including within the cryptocurrency sector.

XRP has seen its value rise over 12% within a recent 24-hour period, now trading at $2.56 according to CoinGecko.

11 XRP Products on DTCC

As of the latest updates, there are 11 XRP ETF products listed on the DTCC under the “active and pre-launch” category. Notable names include 21Shares, ProShares, Bitwise, Canary Capital, Volatility Shares, REX-Osprey, CoinShares, Amplify, and Franklin Templeton.

While being listed on the DTCC does not guarantee that a fund will launch or that it will receive regulatory approval, it indicates that the infrastructure for trading these ETFs in US markets is ready.

List of XRP products on the DTCC
Source: DTCC

Importantly, Grayscale’s XRP Trust (GXRP) has not yet been seen on the DTCC listings, nor is there a current listing for an XRP fund from WisdomTree.

“The end of the government shutdown could lead to the opening of spot crypto ETF floodgates,” wrote ETF expert Nate Geraci in a post on X, adding, “We might see the first ‘33 Act spot XRP ETF launching this week.”
Translation: The end of the government shutdown could lead to the opening of spot crypto ETF floodgates, wrote ETF expert Nate Geraci in a post on X.

Bloomberg’s ETF analyst Eric Balchunas also shared a post on X, stating that the “shutdown is over,” emphasizing a positive shift in US equity futures.

“The SEC had ongoing litigation against Ripple for the past five years until three months ago. In my opinion, the introduction of spot XRP ETFs signifies the conclusion of the previous wave of anti-crypto regulators,” he stated in a tweet.
Translation: The SEC had ongoing litigation against Ripple for the past five years until three months ago.

Geraci further cited a claim from Canary Capital which indicated that its XRP ETF could be launching soon, possibly as early as the end of this week.