DTCC has included five XRP funds in the "active and pre-launch" fund category, indicating a possible market debut later this month.
The list includes ETFs proposed by heavyweights such as Bitwise, Franklin Templeton, and 21Shares.
This critical step is a key milestone that fuels traders' expectations.
The optimism is reinforced by a new change in SEC regulations that allows fast-track approvals through the filing of amended S-1 forms, which could see these funds automatically go live in mid- to late November.
Following the recent launches of spot Litecoin and Solana ETFs, the market is now eagerly watching to see if XRP is the next major digital asset to receive ETF treatment.