The Depository Trust & Clearing Corporation (DTCC) has listed three proposed spot cryptocurrency exchange-traded funds for Solana (SOL), XRP, and Hedera (HBAR) on its National Securities Clearing Corporation eligibility list. Fidelity Investments' Solana ETF appears under the ticker FSOL, while Canary Capital's XRP and Hedera ETFs are listed as XRPC and HBR respectively.
This listing represents a standard preparatory step ahead of potential ETF launches, but does not constitute regulatory approval. The Securities and Exchange Commission has delayed decisions on these products, with XRP ETF verdicts expected between October 18-23, while Solana and Hedera ETF decisions have been pushed to November.
Bloomberg ETF analysts Eric Balchunas and James Seyffart estimate 95% approval odds for Solana and XRP ETFs, and 90% for Hedera's ETF. Balchunas noted that while DTCC listing doesn't guarantee approval, historical precedents show that "most tickers added to the system do eventually make it to market."
At press time, all three tokens were trading positively, with SOL leading with over 7% gains in 24 hours, followed by HBAR (3.63%) and XRP (1.88%). ETF analyst Nate Geraci believes investor demand for spot XRP and SOL ETFs is being "severely underestimated."