DTCC Adds New Crypto ETFs to Its Website
The Depository Trust & Clearing Corporation (DTCC) has listed three new cryptocurrency ETFs on its website. These include Fidelity’s Solana ETF (FSOL), Canary’s XRP ETF (XRPC), and Canary’s Hedera ETF (HBR).
This listing is an administrative step. It does not mean the U.S. Securities and Exchange Commission (SEC) has approved these ETFs for trading.
SEC Approval Pending for ETFs
The SEC must approve these ETFs before they can be offered to investors. On July 11, 2025, James Seyffart posted on X that there is an 85% chance the SEC will approve the XRP ETFs. He also estimated a 90% chance for Solana ETFs and 80% for HBAR ETFs.
The SEC will decide on the XRP and Solana ETFs in October 2025. It has delayed decisions on all altcoin ETF applications until then.
This delay follows a pattern similar to the SEC’s extended review of Ethereum ETF applications. Companies like BlackRock and Fidelity have faced similar delays. The SEC also postponed the Solana ETF decision for Franklin Templeton.
Bloomberg senior analyst Eric Balchunas clarified that a DTCC listing does not mean SEC approval. He stated on X, “Agree, nothing to see here. That said, how many tickers are added that never launched probably almost none.”
Current Prices for XRP, Solana, and Hedera
The ETF listings indicate preparation for market entry, pending regulatory approval. According to CoinMarketCap, the current prices and market data are:
- XRP: $3.07, with a trading volume of $5.87 billion and a market cap of $183 billion.
- Solana (SOL): $238.97, with a trading volume of $12.17 billion and a market cap of $129.06 billion.
- Hedera (HBAR): $0.2455, with a trading volume of $321.6 million and a market cap of $10.4 billion.
