Three new crypto exchange-traded funds—Fidelity’s Solana ETF, Canary’s XRP ETF, and Canary’s Hedera ETF—have appeared on the DTCC website, sparking fresh interest in altcoin-linked products.
While listing on DTCC does not equate to regulatory approval, experts note it is often a preparatory step before launch. Final approval rests with the U.S. Securities and Exchange Commission, which has deadlines in October for Solana and XRP decisions.
Bloomberg analysts estimate 95% approval odds for Solana and XRP ETFs and 90% for Hedera. Industry voices, including Eric Balchunas, point out that while listings don’t guarantee a product will launch, it is rare for tickers to appear and never reach market.
The SEC has recently delayed several altcoin ETF applications, including those tied to staking for Ethereum and Franklin Templeton’s products. Even so, optimism remains high, as these listings signal momentum in the push to expand crypto ETFs beyond Bitcoin and Ethereum, with institutional and retail investors closely watching developments.
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