XRP Spot ETFs Set New Record on DTCC, Potential Launch Imminent

XRP Spot ETFs Set New Record on DTCC, Potential Launch Imminent

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Categories: Etfs Market Analysis Xrp

The number of XRP Spot Exchange-Traded Funds (ETFs) listed on the DTCC website has reached a new record, signaling increased institutional interest and a positive outlook for the asset. Expert analysis suggests a '33 Act XRP ETF could launch as early as this week, further bolstering market sentiment.

XRP ETFs Surge on DTCC Website, Analysts Eye Launch

A notable development in the crypto market sees the number of XRP Spot ETFs listed on the DTCC website reaching an unprecedented level. This increase is happening as these funds move closer to their official launch. Industry expert Nate Geraci has pointed out the significant possibility that the inaugural '33 Act XRP ETF could go live within the current week. This news is being widely interpreted as a strong positive catalyst for XRP, indicating growing institutional acceptance and the potential for new investment avenues. DTCC data confirms the listing of nine XRP ETFs, underscoring the expanding interest in Ripple's associated cryptocurrency.