Fidelity and Canary Capital Assets Managers are in the process of launching funds cited in the Stock Market (ETF) based on Solana Cryptocurrencies (Sun), Ripple and Hedera (HBAR) XRP.
These suggestions were included in the Dository Trust & Clearing Corporation (DTCC) list. This step is essential for preparing a new ETF, Once the manager has been approved by the regulator, it allows him to be ready for operation (It hasn’t happened yet).
DTCC, a US company, promotes compensation, liquidation and storage of financial securities, ensuring efficient and secure operation.
Before it was approved in 2024, the ETF was Ethereum’s cryptocurrency against Bitcoin (BTC) and Ethher (ETH) cash, followed this same listing process at DTCC.
However, it is important to remember that Including on this platform does not guarantee that funds will be approved of the US Securities and Securities Commission (SEC). As Cryptonotics explains, DTCC records are just a preparatory step to enable emitters to accelerate the launch of ETFs once they have regulatory approval.
This process does not imply automatic support for the SEC, as proposals must overcome strict regulations scrutiny that assess aspects such as investor protection, market stability, and underlying assets transparency. Therefore, although the list of DTCC is a major advancement, The proposed ETF faces uncertainty until the SEC issues a final decision.
For now, SOL, XRP, and HBAR ETFs cannot be negotiated in the market. SEC will determine funding for Solana and XRP in October 2025 As the maximum day, the Hedera ETF resolution is scheduled for November 2025. Bloomberg analysts James Seifert and Eric Baltunas estimate the 95% chance of approval for Solana and XRP ETFs and 90% of Hedera ETFs.
