The Depository Trust & Clearing Corporation (DTCC), a company that facilitates financial transactions, has recently added three cryptocurrency exchange-traded funds (ETFs) to its website. These are Fidelity’s Solana ETF (FSOL), Canary’s XRP ETF (XRPC), and Canary’s Hedera ETF (HBR).
This is merely an administrative step, indicating that the ETFs have not yet been approved by the U.S. Securities and Exchange Commission (SEC) for trading.
SEC approval is necessary for these ETFs before they can be offered to investors. On July 11, 2025, James Seyffart also stated in an X post that there’s an 85% chance the SEC will approve the XRP ETFs and 90% for the Solana ETFs, and an 80% chance for the HBAR ETFs. The SEC will make its final decision on the XRP and Solana ETFs in October, as it has delayed decisions on all altcoin ETF applications until then.
This delay is similar to the SEC’s extended review of Ethereum ETF applications from companies like BlackRock and Fidelity. Moreover, it has also delayed the Solana ETF decision for Franklin Templeton.
Experts, including Bloomberg’s senior analyst Eric Balchunas, have clarified that a DTCC listing does not indicate SEC approval. Balchunas stated in his X post that, “Agree, nothing to see here. That said, how many tickers are added that never launched probably almost none.”
Recent XRP, Solana, and HBAR Prices
The listings signal preparation for market entry, pending regulatory clearance. According to CoinMarketCap, recently, XRP has been trading at $3.07, with a trading volume of $5.87 billion and a market cap of $183 billion. Solana (SOL) has been trading at $238.97, with a trading volume of $12.17 billion and a market cap of $129.06 billion.
Meanwhile, Hedera (HBAR) has been trading at $0.2455, with a trading volume of $321.6 million and a market cap of $10.4 billion at press time.
Also Read: Grayscale Files for Litecoin, Hedera, and First-Ever Bitcoin Cash ETFs
