Overview
- Five spot XRP ETFs from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares appear on DTCC in pre‑launch status, a readiness step that does not equal approval.
- 21Shares filed Amendment No. 3 under Section 8(a) for its spot XRP ETF, starting a 20‑day clock toward potential automatic effectiveness absent SEC action.
- The 21Shares fund is slated for Cboe BZX under ticker TOXR with custody by Coinbase Custody, Anchorage Digital Bank, and BitGo, according to the prospectus.
- Other issuers, including Franklin Templeton and Bitwise, updated S‑1s with no‑delay language, and Canary Capital signaled it is prepared to launch once its window completes.
- Counts of DTCC entries vary across reports, but markets reacted to the filings and listings with XRP rising roughly 4%–6% into the $2.30–$2.40 range as the late‑November decision window approaches.