{"id":10516,"date":"2025-09-12T06:59:37","date_gmt":"2025-09-12T06:59:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dtcc-lists-solana-xrp-and-hedera-etfs-as-sec-verdicts-near\/"},"modified":"2025-09-12T06:59:47","modified_gmt":"2025-09-12T06:59:47","slug":"dtcc-lists-solana-xrp-and-hedera-etfs-as-sec-verdicts-near","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dtcc-lists-solana-xrp-and-hedera-etfs-as-sec-verdicts-near\/","title":{"rendered":"DTCC lists Solana, XRP, and Hedera ETFs as SEC verdicts near"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Three spot cryptocurrency exchange-traded funds for Solana, Hedera, and XRP from issuers Fidelity Investments and Canary Capital have made their way into the Depository Trust &amp; Clearing Corporation\u2019s National Securities Clearing Corporation list ahead of a potential launch that is pending regulatory approval.<\/p>\n<div id=\"cn-block-summary-block_7583f8cff786ddf029ef2fee8c0d6f72\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Fidelity\u2019s Solana ETF and Canary\u2019s XRP and Hedera ETFs were listed on DTCC.<\/li>\n<li>SEC approval remains pending, with decisions on XRP due in October and Solana and Hedera in November.<\/li>\n<li>Analysts have estimated 95% approval odds for Solana and XRP ETFs.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p class=\"is-style-default\">DTCC updated its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.dtcc.com\/charts\/exchange-traded-funds\" target=\"_blank\" rel=\"nofollow\">listing<\/a> on Sep. 11, including Fidelity\u2019s Solana ETF under the ticker FSOL, Canary\u2019s XRP ETF as XRPC, and Canary\u2019s Hedera ETF marked as HBR, to its roster of securities eligible for clearing and settlement.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">DTCC\u2019s National Securities Clearing Corporation list | Source: DTCC<\/figcaption><\/figure>\n<h1 class=\"wp-block-heading\">Are the Solana, Hedera, and XRP ETFs approved?<\/h1>\n<p>For those unaware, the DTCC is a major clearing and settlement provider for U.S. securities that handles post-trade operations for ETF products. However, as it is not a government agency, listing on the platform does not mean that an ETF would be approved for trading.<\/p>\n<p>Getting listed on DTCC is a vital step ahead of an ETF\u2019s launch, but the approval of a fund still hinges on the Securities and Exchange Commission\u2019s nod, without which a product cannot begin trading legally in the U.S. Market.<\/p>\n<p>As previously covered on crypto.news, Canary\u2019s proposed Litecoin spot ETF was also added to the list back in February, but it has yet to receive approval.<\/p>\n<p>Yet, Bloomberg ETF analyst ERIC Balchunas, who agreed that a DTCC listing isn\u2019t a final nod, believes historical precedents suggest that most tickers added to the system do eventually make it to market.<\/p>\n<p>\u201cAgree, nothing to see here,\u201d Balchunas <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1966286024386162858\" target=\"_blank\" rel=\"nofollow\">wrote<\/a> in a Sep. 12 reply on X, adding \u201chow many tickers are added that never launched, probably almost none.\u201d<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">SEC has delayed ETF approvals<\/h2>\n<p>Since the start of the year, the SEC has delayed decisions on the aforementioned ETF products alongside a number of other altcoin ETFs for several other issuers without offering any clarification other than the fact that it needs more time to review.<\/p>\n<p>Back in August, the commission postponed its decision on Canary\u2019s XRP ETF to a window between October 18 and 23. Canary\u2019s HBAR ETF was pushed to November, while Fidelity\u2019s Solana ETF decision was likewise extended into October.<\/p>\n<p>Yet the consensus is that most altcoin ETFs are expected to be approved, especially as there\u2019s a new pro-crypto leadership at the SEC\u2019s helm.<\/p>\n<p>According to Balchunas and fellow Bloomberg analyst James Seyffart, the odds of a Solana (SOL) and XRP (XRP) getting approved are 95%; meanwhile, Hedera\u2019s odds stand at 90%.<\/p>\n<p>All of the tokens added to the DTCC\u2019s list were trading in the green at press time, with SOL leading with gains of over 7% in the past 24 hours, followed by HBAR and XRP with gains of 3.63% and 1.88% respectively.<\/p>\n<p>ETF analyst Nate Geraci believes that once approved, altcoin ETFs, specifically funds tied to SOL and XRP, could attract significant investor demand.<\/p>\n<p>\u201cPeople are severely underestimating investor demand for spot XRP &amp; SOL ETFs,\u201d he said in an X post earlier this month.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Three spot cryptocurrency exchange-traded funds for Solana, Hedera, and XRP from issuers Fidelity Investments and Canary Capital have made their way into the Depository Trust &amp; Clearing Corporation\u2019s National Securities&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10516"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10516\/revisions"}],"predecessor-version":[{"id":10517,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10516\/revisions\/10517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6921"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}