TLDR
Four U.S. spot XRP ETFs have launched so far.
- The current live funds are from Grayscale and Franklin Templeton (both launched Nov 24), plus earlier debuts by Canary and Bitwise per a market report.
- Some coverage cites five by also counting REX Osprey, but core sources track four live today in the U.S. per a recent update.
- More are imminent, with 21Shares scheduled to go live on 29 Nov on Cboe BZX per a launch note.
Deep Dive
1. Who Launched
The four live U.S. spot XRP ETFs are Canary XRPC, Bitwises XRP ETF, Grayscales GXRP, and Franklin Templetons XRPZ. Grayscale and Franklin Templeton launched on 24 Nov, joining Canary and Bitwise that were already trading, per a detailed market report.
The U.S. market now offers multiple vehicles for XRP exposure, which can broaden institutional access and potentially deepen liquidity over time.
2. Why Counts Vary
A few outlets say five by including REX Osprey, creating headline variance, while other coverage simplifies to four now live in the U.S. per a recent update. There is also classification nuance, for example Grayscales GXRP is described as an exchange?traded product rather than a 1940?Act fund in a product note.
Tally differences often stem from whether an outlet counts every exchange?traded product or only spot ETFs under a specific regulatory schema.
3. Whats Next
Additional products are queued up. 21Shares TOXR is slated to begin trading on 29 Nov on Cboe BZX per a launch note. Some coverage also flags upcoming offerings from CoinShares and WisdomTree in the near term per a roundup.
The lineup could expand quickly. If you track flows as a signal, monitor day?one inflows and whether funds sustain net inflows beyond the first week.
Conclusion
In the U.S. there are four live spot XRP ETFs today, with at least one more imminent. Counts differ across headlines because some include additional exchange?traded products or broader structures. If you need a precise inventory, confirm each products listing venue and structure before comparing flows and adoption.
