XRP exchange-traded funds (ETFs) are moving closer to launch as major financial institutions prepare for trading. The U.S. Depository Trust & Clearing Corporation (DTCC), which lists and clears securities, has already approved multiple XRP ETFs, signaling that institutional investors may soon be able to buy and sell the digital asset.
Several companies, including Canary Capital, Franklin Templeton, Bitwise, and 21shares, are racing to introduce their XRP ETFs before the end of November. The SEC filings and DTCC listings indicate that trading could start as early as this month.
The launch of XRP ETFs will be a significant milestone in integrating digital assets into mainstream financial markets. It will allow institutions to easily buy and sell XRP, making it more accessible to investors.
Source: https://news.bitcoin.com/xrp-etfs-near-breakthrough-as-institutional-heavyweights-race-toward-launch