XRP, Solana and HBAR ETFs Listed on DTCC: SECโ€™s Approval Still Pending

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The crypto market is seeing renewed optimism after three ETF products appeared on the website of the Depository Trust & Clearing Corporation (DTCC). These include Solana ETF (FSOL) from Fidelity, and both XRP ETF (XRPC) and Hedera ETF (HBR) from Canary. The listings have stirred speculation in the community that official approval from the U.S. Securities and Exchange Commission (SEC) could be approaching.

Fidelity and Canary closer to ETF launches The DTCC eligibility listing indicates that these products are being prepared for potential trading. However, this is purely an administrative step โ€“ trading cannot begin until the SEC gives its final approval. ๐Ÿ”น Bloomberg analysts estimate a 95% chance of approval for XRP and Solana ETFs, and 90% for HBAR ETF

๐Ÿ”น The final SEC decision on XRP and Solana ETFs is due in October, the last deadline the Commission has set

๐Ÿ”น Eric Balchunas, senior ETF analyst at Bloomberg, emphasized that DTCC tickers are a strong signal but not a guarantee of launch The SEC recently extended deadlines not only for XRP and Solana ETFs filed by Franklin Templeton but also for Ethereum staking ETF proposals submitted by BlackRock, Fidelity, and Franklin Templeton.

Crypto assets gaining momentum The DTCC listings come at a time when the crypto market is rebounding. Recent U.S. macroeconomic data pointed to a weaker labor market and cooling inflation, raising expectations that the Federal Reserve could deliver up to three rate cuts this year. Some anticipate a 50 basis-point cut as early as September 17. Key altcoins are showing strong performance: ๐Ÿ”น XRP trades at $3.03 (+1% in 24h)

๐Ÿ”น Solana (SOL) climbed to $235 (+4% in 24h)

๐Ÿ”น Hedera (HBAR) surged over 25% in the past week to $56.43, boosted by developments around the VanEck Hyperliquid ETF and the USDH stablecoin The total crypto market capitalization has once again surpassed $4 trillion, as traders prepare for todayโ€™s crypto options expiry, which could add volatility and extend the marketโ€™s recovery momentum.

#solana , #hedera , #xrp , #etf , #CryptoNews

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HaveYouSeenThePiggy?vip
ยท 23h ago
Just go for it๐Ÿ’ช
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