The path toward a U. S.-listed spot XRP exchange-traded fund advanced this week when the Depository Trust & Clearing Corporation (DTCC) added the proposed Canary XRP ETF (ticker: XRPC) to its eligibility 0 update stirred excitement among XRP supporters, but market professionals stress that it is simply a routine preparation step—not a sign of imminent approval. Pre-Launch Setup, Not SEC Approval The DTCC, which clears and settles most 1 trades, regularly adds pending funds to its system so they are ready to trade if regulators eventually give the green 2 with Canary’s XRP product, the list now features Fidelity’s Solana ETF and Canary’s Hedera ETF.
However, this behind-the-scenes preparation should not be mistaken for regulatory 3 Geraci, president of The ETF Store, explained that a DTCC listing is “just standard ETF plumbing,” noting that only the Securities and Exchange Commission (SEC) can authorize a launch. PSA… DTCC "listing" Fidelity sol ETF and Canary xrp & hbar ETFs doesn't mean *anything* from regulatory standpoint. It's all on the 4 — Nate Geraci (@NateGeraci) September 11, 2025 Other XRP Products Already Active Canary’s proposal joins a growing roster of XRP-related 5 futures-based XRP ETFs from managers such as Volatility and ProShares are already live and clearing through the 6 the Canary spot ETF simply ensures that market infrastructure is ready if and when the SEC grants 7 Decisions Still Months Away The SEC remains the key 8 agency recently extended its review of Franklin Templeton’s spot XRP ETF application, setting a final decision date of November 14, 9 proposals from Grayscale , Bitwise, 21Shares, and CoinShares face final deadlines in 10 the SEC issues a ruling, no spot XRP ETF can legally 11 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Optimism Persists Despite the slow regulatory pace, sentiment around XRP remains 12 platform Polymarket places the odds of at least one 13 XRP ETF approval in 2025 at 92%.
Institutional participation is already strong: futures-based XRP ETFs hold over $800 million in assets, and the CME Group recently reported a record $1 billion in XRP futures open interest only three months after 14 Outlook Strengthens Investor enthusiasm is feeding into XRP’s spot market 15 press time, XRP trades near $3.05, up about 2% over the past few days and more than 8% over the 16 analyst Dark Defender projects potential moves toward $4.40 and $5.85. While other market watchers, such as Zach Recor and CryptoInsightUK, believe a rally toward $10 could follow if a spot ETF gains 17 DTCC’s listing of the Canary XRP ETF highlights how market infrastructure is positioning itself ahead of any regulatory 18 the final call rests with the 19 that verdict arrives, XRP investors can only watch as institutional interest grows and the market prepares for a potential 20 : This content is meant to inform and should not be considered financial 21 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 22 are urged to do in-depth research before making any investment 23 action taken by the reader is strictly at their own 24 Tabloid is not responsible for any financial 25 us on Twitter , Facebook , Telegram , and Google News
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