XRP News Today: DTCC Listing Signals a Turning Point for Crypto ETFs in Institutional Embrace

Bitget App

Trade smarter

Bitget

News

Markets

XRP News Today: DTCC Listing Signals a Turning Point for Crypto ETFs in Institutional Embrace

Bitget-RWA2025/11/12 01:30

By:Bitget-RWA

- Bitwise's XRP ETF listing on DTCC marks a key step in institutional crypto adoption, joining four other XRP-focused ETFs. - Accelerated regulatory strategies like Canary Capital's "no-delay amendment" highlight urgency to capitalize on favorable market conditions. - Grayscale seeks to convert its $14M XRP Trust to a spot ETF while leveraged products like XXRP and UXRPs show strong retail demand. - DTCC infrastructure and Bitcoin/Ethereum frameworks enable real-time trading, signaling crypto's growing ali

Bitwise Asset Management's

XRP

spot exchange-traded fund has officially appeared on the Depository Trust & Clearing Corporation (DTCC) platform, representing a significant milestone in the increasing institutional embrace of digital assets. Trading under the ticker CLNK, this fund joins four other XRP-centric ETFs from Franklin Templeton, 21Shares, Canary Capital, and CoinShares, all of which are now part of the DTCC registry, according to

TradingView's Cryptobriefing

. This move marks a crucial turning point as the market anticipates the possible rollout of these products in the United States later this month.

Being listed on the DTCC is essential for enabling secondary market trading and demonstrates the progress in infrastructure that is making crypto ETFs more widely accepted. Bitwise's

XRP ETF

is structured similarly to its

Ethereum

and

Bitcoin

funds, aiming to give both retail and institutional investors straightforward access to the XRP token while complying with regulatory standards. This initiative comes amid heightened activity, with rivals such as Franklin Templeton and 21Shares also preparing to introduce their own XRP ETFs.

Steven McClurg, CEO of Canary Capital, pointed out the accelerated schedule for these launches, stating that his company's XRPC ETF could go live in just 20 days by using a "no-delay amendment" process, as reported by

TradingView's Cryptobriefing

. This method, which streamlines regulatory approval by reducing procedural holdups, highlights the urgency among issuers to take advantage of favorable market conditions. McClurg's remarks come as WisdomTree and Grayscale also reveal intentions to enter the XRP ETF market. Grayscale, in particular, is working to transform its existing $14 million XRP Trust into a spot ETF, leveraging its established product platform, according to

TradingView's Cryptobriefing

The XRP ETF sector is further strengthened by leveraged offerings such as Teucrium's 2x Long Daily XRP ETF (XXRP) and

ProShares Ultra XRP ETF

(UXRP), which together have accumulated more than $306 million in net assets since their introduction, as noted by

TradingView's Cryptobriefing

. These products, which provide magnified exposure to XRP price changes, reflect strong interest from retail investors in crypto-based derivatives. Meanwhile, futures contracts for XRP and

Solana

have emerged as some of the fastest-expanding offerings at CME Group, demonstrating increased institutional involvement in the crypto sector, as reported by

TradingView's Cryptobriefing

Analysts attribute this momentum to a mix of clearer regulations and enhanced liquidity. The DTCC's function as a clearinghouse for these ETFs helps remove a major obstacle to institutional participation by offering standardized settlement procedures. "The viability of these products depends on the groundwork established by Bitcoin and Ethereum derivatives, which have set up strong trading and risk management systems," one analyst commented. This foundation has also allowed crypto exchanges to provide instant trading and settlement, bringing the asset class closer to traditional financial markets.

With competition in the XRP ETF space heating up, investors are watching closely for regulatory green lights and signs of market interest. The DTCC's acceptance of these funds points to a move toward broader mainstream adoption, though challenges such as volatility and ongoing legal debates over the token's status persist. Even so, the rapid evolution from derivatives to spot ETFs underscores the growing significance of crypto in the global financial landscape.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- DODO rose 2.11% on Nov 12, 2025, but remains in a 12-month bearish trend with an 80.93% annual decline. - Analysts debate if the short-term rebound signals a critical support level reversal amid oversold RSI conditions (30) and downtrend indicators. - A backtest strategy evaluates historical cases of similar sharp one-day gains (-80.93% annual drop + 2.11% daily rise) to assess reversal probabilities.

Bitget-RWA•2025/11/12 06:18

Bitcoin News Update: Traditional Banks Struggle to Compete with SoFi's All-in-One Crypto Expansion

- SoFi becomes first U.S. bank to launch integrated crypto trading via its app, offering BTC, ETH, and SOL. - The service uses in-house infrastructure and regulatory compliance, replacing a 2019 Coinbase partnership (suspended in 2023). - Enabled by March 2025 OCC guidance, it aims to attract risk-conscious users with FDIC-insured accounts and a Bitcoin giveaway promotion. - Future plans include a USD-backed stablecoin by 2026 and blockchain remittances, though crypto remains speculative and uninsured.

Bitget-RWA•2025/11/12 06:02

Bitcoin News Update: Traditional Banks Struggle to Compete with SoFi's All-in-One Crypto Expansion

XRP News Today: XRP Faces Technical Challenges While Ripple Grows Its Institutional Presence

- XRP's price has fallen below $2.40 amid a "death cross" technical signal and weak RSI, with key resistance at $2.50–$2.60. - On-chain data shows 240% higher profit-taking by long-term holders, with $470M in realized losses as prices drop below $2.50. - Ripple secures $500M funding at $79B valuation but XRP remains detached from institutional progress, down 20% in Q4 2025. - Whale activity declines sharply while retail sentiment wanes, with trading forum engagement down 25% month-over-month. - XRP trades

Bitget-RWA•2025/11/12 06:02

XRP News Today: XRP Faces Technical Challenges While Ripple Grows Its Institutional Presence

JPMorgan's Advantage with Deposit Tokens: Institutional Options Beyond Stablecoins

- JPMorgan launches JPM Coin, a 24/7 USD deposit token for institutional clients via Coinbase's Base blockchain, enabling real-time settlements beyond banking hours. - The token, piloted with Mastercard and B2C2, aims to streamline cross-border payments and will expand to non-institutional clients and euro-denominated JPME pending approvals. - JPM Coin serves as collateral on Coinbase and differentiates from stablecoins by representing tokenized bank deposits with potential yield-bearing features. - The in

Bitget-RWA•2025/11/12 05:46