As the crypto industry continues the wait for a landmark exchange-traded fund (ETF) decision to be made in Q4 of this year, institutions are quietly adopting to the game chances. This week, the Depository Trust & Clearing Corporation (DTCC) listed multiple altcoin-based ETF items on their website.
These include Canary’s HBAR ETF (HBR), Fidelity’s Solana ETF (FSOL) & Canary’s XRP ETF (XRPC). Following this news, HBAR’s price stood flat at $0.23 – $.0.24, despite market analysts drawing $0.54 as the next target. Meanwhile, XRP successfully regained the $3 psychological threshold, outperforming BTC with 6.9% weekly gains.
What DTCC Registration Means For Altcoin ETFs
According to Collin Wu, the listing on DTCC is a part of a “standard process” in preparation for the new crypto-based ETF launch. The prominent Blockchain Journalist also said that despite being a bullish standalone milestone, this in no way indicates that the XRP, HBAR or SOL ETFs gained regulatory approval.
This stance is shared by several ETF market heavyweight, including Nate Geraci, the co-founder of ETF Institute. He clearly insisted that the final word still belongs to the United States Securities and Exchange Commission (SEC), so no major breakthroughs are to be seen until late October, 2025.
As if that wasn’t enough, Bloomberg’s Senior ETF analyst Eric Balchunas declared “there’s nothing to see there”, as “many tickers are added that never actually launched, probably almost none”. Regardless, Bloomberg’s ETF specialists give an ultra high chance of 95% for top altcoin ETFs to see back-to-back approval by year-end.
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People Also Ask:
The DTCC provides clearing and settlement for securities, including ETFs. Listings on its NSCC indicate preparatory steps for potential launches, like ticker registration, but not SEC approval.
On September 11-12, 2025, DTCC listed Fidelity’s Solana ETF (FSOL), Canary Capital’s XRP ETF (XRPC), and Hedera ETF (HBR), signaling setup for potential launches.
They fueled altcoin season speculation, though they’re procedural, not market drivers.
Bloomberg estimates 95% for Solana/XRP, 90% for HBAR. SEC deadlines: XRP by October 19, 2025; Solana/XRP extensions to November 14, 2025.
No, listings are procedural & don’t guarantee approval. Regulatory hurdles, like SEC delays on altcoin classifications, could prevent final approval.
