XRP ETFs Could Soon Hit the Market: DTCC Listings Signal Potential SEC Approval

An exciting development for the XRP cryptocurrency market could be imminent: the potential launch of the first spot XRP exchange-traded fund (ETF) in the United States. This comes on the heels of five new XRP ETFs being added to the Depository Trust & Clearing Corporation’s (DTCC) active roster, signaling a crucial step towards market entry. The DTCC listing serves as validation that clearing and settlement systems are ready for these investment products. However, it is important to note that this is not an approval from the SEC. Instead, it marks one of the final steps before launch.