Overview

• DTCC’s National Securities Clearing Corporation added the proposed Trump Coin ETF under ticker TRPC in an October 7–9 update, marking a standard clearing and settlement step.
• Canary Capital filed an S-1 on August 26 for a spot ETF tied to a Solana-based meme token associated with President Donald Trump.
• Operational listing does not equal authorization to trade, and ETF specialists note hurdles such as the absence of regulated TRUMP futures and remaining exchange and regulatory reviews.
• Crypto.news reports that broader progress on altcoin ETFs has slowed during the ongoing U.S. government shutdown.
• The TRUMP token remains highly volatile and roughly 90% below its peak despite a brief rally, with reports that Fight Fight Fight LLC has sought funding for a treasury accumulation and a $200 million buyback effort.