DTCC adds new crypto ETFs to eligibility list, including Fidelity Solana and Canary XRP, pending SEC approval.
- DTCC lists new crypto ETFs without SEC approval.
- Increased interest in Solana, Hedera, XRP.
- Market optimism despite pending regulatory approval.
The Depository Trust & Clearing Corporation added new crypto ETFs, including Fidelity Solana, to its securities eligibility list as of September 12, 2025, marking a procedural step.
These listings, while not indicating SEC approval, signal rising institutional interest in cryptocurrency ETFs, influencing short-term market optimism and price surges for Solana, Hedera, and XRP.
DTCC Prepares for Crypto ETFs Without SEC Approval
The Depository Trust & Clearing Corporation (DTCC) has listed new crypto ETFs, comprising Fidelity Solana ETF, Canary Hedera ETF, and Canary XRP ETF. The listing serves as a preparatory procedural step, with no SEC approval implied. Fidelity Investments and Canary Capital are involved as ETF issuers, signaling increased institutional involvement in altcoins like Solana and Hedera.
Altcoin Trading Volume Soars on New Listings
The listing has led to a surge in trading volumes and prices for Solana, Hedera, and XRP. These developments suggest a strong market sentiment and speculative interest. Financial experts emphasize that SEC approval is critical before any substantial impact occurs. Analysts such as Nate Geraci indicate the procedural nature, stating:
“DTCC listing Fidelity’s Solana ETF and Canary’s XRP & HBAR ETFs doesn’t mean anything from a regulatory standpoint. It’s all on the SEC.”
SEC Approval Crucial for ETF Impact
Previous DTCC listings, like VanEck’s Solana ETF, show parallels, necessitating SEC approval for further action. Bitcoin and Ethereum ETF approvals have historically triggered institutional inflows and price increases. Data suggests similar price and network impacts, pending ETF launch and regulatory endorsement.
Eric Balchunas, Senior ETF Analyst, Bloomberg, agreed, highlighting that few tickers added ever launch without SEC approval.
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