DTCC Adds Solana, XRP, and Hedera ETFs Ahead of SEC Rulings
The cryptocurrency market is buzzing with hope since the Depository Trust & Clearing Corporation (DTCC) just platform-traded funds (ETFs) for Solana (SOL), XRP, and Hedera (HBAR) to its National Securities Clearing Corporation (NSCC) platform.
This news, which includes Fidelity’s Solana ETF (FSOL) and Canary Capital’s XRP (XRPC) and Hedera (HBR) ETFs, is a large step toward possible market launches, but they still need to be approved by the U.S. Securities and platform Commission (SEC).
DTCC Listings Show That the Market is Ready
On September 11, 2025, the DTCC added these three crypto ETFs to its eligibility list, a standard pre-launch procedure that prepares securities for clearing and settlement. This doesn’t mean that the SEC will approve them, but it does show that more and more institutions are trusting these altcoins.
Eric Balchunas, an analyst with Bloomberg ETFs, that tickers don’t usually make it to the DTCC without first hitting the market. This has led to suspicion that regulatory approvals are coming soon.
Deadlines For SEC Decisions Loom
The SEC has significant deadlines for these ETFs. It is likely to make a decision on Canary’s XRP ETF by October 2025, and on Fidelity’s ETF and Canary’s Hedera ETF by November 2025. Even though there have been some delays lately, such as a 60-day extension for Franklin Templeton’s Solana and XRP proposals until November 14, analysts are still optimistic.
Experts at say that there is a 95% chance that Solana and XRP ETFs will be approved and a 90% chance that Hedera will be approved. They say this is because the SEC’s leadership has become more pro-crypto.
Effects on the Market and Price Changes
The DTCC listings have already gotten people excited about the market. Solana had the largegest price jump in 24 hours, going up 7%. Hedera came in second with a 3.63% rise, and XRP came in third with a 1.88% rise. These gains are similar to what has happened in the past, when BTC and made prices and liquidity go up a lot later than they were approved.
The listings show off Solana’s high-performance blockchain, XRP’s role in cross-border payments, and Hedera’s unique hashgraph technology. These make them attractive candidates for institutional adoption.
The is looking at more than 90 applications for crypto ETFs. The fact that Solana, XRP, and Hedera are already on the DTCC platform shows that they are becoming more legitimate.
Investors are keeping a close eye on the deadlines in October and November because they think that approvals could lead to even higher prices and more people using the product. But there is still confusion about the rules, so people who want to invest should do their homework first.
