Markets are reacting as the US government shutdown
nears its conclusion, and XRP has emerged as a clear winner. Crypto traders are
eyeing the potential debut of several XRP exchange-traded funds (ETFs), with
multiple products already appearing on the DTCC website, signaling that the US
infrastructure may be ready for trading.
Digital assets meet tradfi in London at the fmls25
Senate Deal Sends Bullish Signal to Markets
The US Senate reportedly reached a deal on a budget
bill over the weekend, ending the longest government shutdown in history. The
resolution has sparked optimism across financial markets, including crypto. XRP
has responded strongly, surging around 10% in the past 24 hours to trade at
$2.56, according to CoinMarketCap.
Investors see the Senate deal as a broader signal that
regulatory clarity could support upcoming crypto products. The U.S. Senate took a major step toward ending the
government shutdown, with bipartisan support moving a funding bill closer to
passage.
The measure, backed by eight Democrats and the White
House, could reopen federal agencies while tying a future vote to extended
Affordable Care subsidies. Lawmakers now face a race against time as impacts on
air travel and food assistance continue to mount.
Deal Reached in the Senate
Senate leaders moved quickly after last night’s vote,
signaling momentum toward a funding agreement. The measure passed with
bipartisan support, with eight Democrats joining Republicans to advance the
bill. The White House has expressed support, contingent on a later vote on
expanding health subsidies, CNN reported.
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Senators must now decide how long to debate the bill
before the final vote. While the process could be swift, some lawmakers may
seek to extend deliberations. Once the Senate vote is complete, the House of
Representatives must approve the measure before it reaches the president’s
desk.
The US Senate advanced a measure to reopen the federal government and end the shutdown, with a 60-40 vote overcoming a filibuster pic.twitter.com/196S1MURSo
— Reuters (@Reuters) November 10, 2025
XRP ETFs Appear on DTCC
Also boosting XRP’s momentum, the Depository Trust and
Clearing Corporation (DTCC) currently lists 11 XRP ETF products under its
“active and pre-launch” section. These include offerings from firms such as
21Shares, ProShares, Bitwise, Canary Capital, Volatility Shares, REX-Osprey,
CoinShares, Amplify, and Franklin Templeton.
LATEST: ⚡️ XRP rallied 12% to $2.56 as 11 ETFs from 21Shares, Bitwise, ProShares and others appeared on the DTCC website, with analysts predicting the first spot XRP ETF could launch this week. pic.twitter.com/YI1Vi280Tr
— CoinMarketCap (@CoinMarketCap) November 10, 2025
While a DTCC listing does not confirm an actual launch
or guarantee regulatory approval, it indicates that the necessary
infrastructure for US trading is in place. Notably, Grayscale’s XRP Trust
(GXRP) and WisdomTree’s XRP fund have yet to appear on the DTCC list.
With key US regulatory hurdles behind them, XRP
investors now watch closely for official ETF launches, which could arrive as
early as this week. If approvals follow, the token may see sustained interest
from both retail and institutional participants.
This article was written by Jared Kirui at www.financemagnates.com.
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