Momentum for institutional adoption of XRP has increased dramatically as the Depository Trust & Clearing Corporation (DTCC) added five spot
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The lists include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital and CoinShares, all of which are categorized as ‘active and in pre-launch stages’.
DTCC lists five spot XRP ETFs that indicate institutional preparedness
Although the U.S. Securities and Exchange Commission (SEC) has not yet given final approval, analysts believe so DTCC listings as a strong operational 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 newly streamlined listing rules that sidestep lengthy procedural delays.
Canary Capital CEO Steven McClurg hinted to X that their XRPC ETF could launch “next week,” reflecting the company’s rapid rollout of Litecoin and Hedera ETFs. Meanwhile, Franklin Templeton and 21Shares have filed final amendments with the SEC, starting the 20-day countdown and trading could begin soon.
XRP's price records some profits on the daily chart. Source: XRPUSD on Tradingview
XRP price remains important as analysts predict a $10 rise
Amid the ETF momentum, XRP is trading around $2.47, up 8% in the last 24 hours. Despite a 25% correction from the October high of $3.09, analysts view current levels as a ramp-up phase before a possible breakout.
Ali Martinez and Cryptollica, two leading market analysts, are both predicting a rally towards $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 around $1.90 could precede an explosive upside leg.
On the other hand, Cryptollica’s four-phase market model places XRP in its final “Phase 4” phase, the stage historically associated with parabolic rallies.
Technical charts also show a tightening of the Bollinger Bands, an RSI near 47 and a possible bullish crossover on the MACD, suggesting that momentum could be shifting in favor of buyers.
Institutional flows could redefine XRP market dynamics
The arrival of spot XRP ETFs would mark a turning point 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 major government bond 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, paving the way for XRP’s most significant bull phase since 2018.
Cover image of ChatGPT, XRPUSD chart from Tradingview