The US government shutdown is almost over. This shift is drawing eyes from crypto investors to a fresh sign. Eleven XRP-based ETFs just showed up on the DTCC site. The DTCC oversees US financial markets.
This step lacks full approval from regulators. Still, it marks real steps toward trading on US exchanges. For XRP, this hits a key tech goal. It might spark fresh interest from big players.
The XRP symbol looks like a bright metal badge with a small split at the core. Bits of broken chains float around it. Investors in crypto watch closely.
The shutdown's close boosts regulator work. It stirs hopes for more crypto ETFs. Eleven XRP ETFs pop up on the DTCC site. This points to a big tech move for listings. Top firms like 21Shares, ProShares, and Franklin Templeton lead the issuers. No full backing here. But it shows markets gear up for these items. Eleven XRP ETFs on DTCC: A Wake-Up Call?
On November 4, the crypto world lit up. Spotters caught eleven XRP ETF listings on the DTCC's main page. This came even as prices fell 9% that Sunday, November 9.
Big names join in. The list means tech setups exist for US trades. Yet, it skips any promise of approval. No quick start either.
ETF expert Nate Geraci put it this way: "We might see the first XRP spot ETF under the 1933 Act launch this week."
Issuers with XRP ETFs on the DTCC site include:
21Shares; ProShares; Bitwise; Canary Capital; Volatility Shares; REX-Osprey; CoinShares; Amplify; Franklin Templeton.
That makes eleven products total. Some firms offer different types or shares. Grayscale (GXRP) and WisdomTree miss this round. Their approval paths lag behind.
Canary Capital says its XRP ETF comes "soon." This hints at okay from regulators this week.
Excitement builds. The SEC has not signed off yet.
Shutdown's End: Fuel for Crypto ETFs?
News of quick US government restart lifts the crypto scene. Last Sunday, the Senate sealed a budget deal. It ends the longest shutdown ever.
Futures markets jumped right away. Bloomberg's ETF analyst Eric Balchunas saw a "rise in US stock futures." For crypto folks, this means ETF reviews could restart.
Nate Geraci posted on X: "Shutdown's end may unlock spot crypto ETFs."
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