Overview
- DTCC’s National Securities Clearing Corporation on Sept. 11 listed Fidelity’s Solana ETF (FSOL) and Canary’s XRP (XRPC) and Hedera (HBR) ETFs as eligible for clearing and settlement.
- A DTCC entry is a standard operational step that does not constitute authorization to launch, with the SEC retaining sole authority over approvals.
- Regulatory timelines now point to an October window for decisions on Solana and XRP, including Oct. 18–23 for XRPC, with Hedera pushed to November after fresh SEC delays this week.
- Bloomberg’s Eric Balchunas and James Seyffart estimate approval odds at roughly 95% for Solana and XRP and 90% for Hedera, while noting tickers rarely reach DTCC without eventually launching.
- Prices rose on the news, with HBAR up about 25% for the week, SOL gaining more than 4% in 24 hours, and XRP moving above $3.00, as analysts like Nate Geraci flag strong potential demand if approvals arrive.