Momentum for institutional adoption of XRP has grown as the Depository Trust & Clearing Corporation (DTCC) has added five XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone.
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The listings include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital and CoinShares, all of which are categorized as “active and pre-launch”.
DTCC lists five spot XRP ETFs, signaling institutional readiness
Although the US Securities and Exchange Commission (SEC) has yet to give final approval, according to analysts DTCC ads as a strong operating signal. The same process preceded the debut of Bitcoin and Ethereum ETFs earlier this year.
Market participants now expect the first XRP ETFs to go live in mid-to-late November, given the SEC’s new streamlined listing rules that bypass lengthy procedural delays.
Canary Capital CEO Steven McClurg hinted at Xu that their XRPC ETF could launch “next week,” echoing the company’s rapid rollout of Litecoin and Hedera ETFs. Meanwhile, Franklin Templeton and 21Shares have filed final amendments with the SEC, starting a 20-day countdown to trading starting soon.
XRP's price records some profits on the daily chart. Source: XRPUSD on Tradingview
XRP price is holding a key range as analysts predict a rise to $10
Amid the ETF boom, XRP it is trading around $2.47, up 8% in the last 24 hours. Despite a 25% correction from the October highs of $3.09, analysts see current levels as a setup phase before a potential breakout.
But Martinez and Cryptollica, two prominent market analysts, both predict a rally toward $10, citing bullish technical structures and ETF-driven inflows as catalysts. Martinez identified a rectangular range between $1.90 and $3.38, arguing that a final retest near $1.90 could precede an explosive upside.
On the other hand, Cryptollice’s four-phase market model places XRP in its final Phase 4 progression, a phase historically associated with a parabolic rise.
Technical charts also show tightening Bollinger Bands, RSI near 47 and a possible bullish MACD crossover, hinting that momentum could shift in favor of buyers.
Institutional flows could redefine XRP market dynamics
The arrival of spot XRP ETFs would mark a watershed moment in digital asset financing, integrating one of the most liquid blockchain assets into regulated investment channels. Analysts estimate that early inflows could exceed $1 billion in the first few months, mirroring the pattern seen with Solana and Ethereum ETFs.
As the US government reopens and dollar liquidity increases, XRP’s regulated status and ETF exposure could attract large treasury buyers and fund managers.
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If institutional demand meets technical breakout signals, the $10 target could shift from speculative optimism to near-term probability, setting the stage for XRP’s most significant bull run since 2018.
Cover image from ChatGPT, XRPUSD chart from Tradingview
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