DTCC Lists XRP ETFs, Fueling Expectations of Price Breakout
DTCC Lists XRP ETFs, Fueling Expectations of Price Breakout
The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP ETFs, signaling a surge in institutional interest for Ripple's native token. This development suggests that the first U.S. spot XRP ETFs could debut this month, potentially triggering a significant price breakout despite ongoing regulatory delays.
XRP ETFs Gain Institutional Traction Amid Regulatory Delays
The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP exchange-traded funds (ETFs), a pivotal move that underscores an accelerating institutional appetite for Ripple’s native token. These new listings encompass both futures-based and spot-based products, strongly suggesting that the initial U.S. spot XRP ETFs might debut as early as this month, even in the face of persistent regulatory hurdles from the SEC.
Market observers are keenly watching this development, anticipating whether it will act as a powerful catalyst, potentially triggering a massive price breakout for XRP, despite the ongoing delays in formal SEC approval.