XRP, Solana, and HBAR ETFs Score DTCC Tickers: Approval Odds Skyrocket

Wall Street's back-office machinery just signaled its readiness for the next crypto ETF wave—and the implications are massive.

DTCC Tickers: The Green Light You Didn't Know About

Getting a DTCC ticker isn't approval, but it's the closest thing to a regulatory wink. The Depository Trust & Clearing Corporation doesn't bother with paperwork for assets it expects to fail—this move screams institutional preparation.

XRP's Legal Clarity Finally Pays Off

Ripple's courtroom victories transformed XRP from regulatory pariah to ETF frontrunner. The SEC's resistance crumbled, and now traditional finance can't ignore the token's compliance-friendly status.

Solana Defies the 'Ethereum Killer' Narrative

While everyone debated whether Solana would flip Ethereum, it's busy becoming the institutional favorite. Blazing speed and rock-bottom fees make it the practical choice for ETF structures—Wall Street loves practicality more than ideology.

HBAR: The Dark Horse Nobody Saw Coming

Hedera's governance model—run by corporations like Google and IBM—always smelled more boardroom than crypto. Turns out that institutional scent is exactly what ETF issuers want when regulators come knocking.

The Real Approval Odds Game

DTCC tickers don't guarantee approval, but they eliminate operational hurdles. When BlackRock and friends come calling, the plumbing's already in place—because nothing moves faster than money chasing money.

Let's be real: the same institutions that once called crypto a scam now can't file ETF fast enough. The only thing they hate more than disruption is missing out on profits.

Three proposed crypto ETFs have recently registered tickers with the U.S. Depository Trust and Clearing Corporation (DTCC). The official website of DTCC has listed Fidelity’s solana ETF (FSOL), Canary’s HBAR ETF (HBR), and Canary’s XRP ETF (XRPC). 

Does DTCC Listing Mean An Official Approval? 

The listing of FSOL, HBR, and XRPC marks a step towards launching new ETFs. DTCC adds securities to the NSCC security eligibility list in preparation for the launch of a new ETF to the market. However, it is important to note that a DTCC listing does not imply a regulatory decision from the Securities and Exchange Commission (SEC), and neither does it guarantee any approval. 

Watching the DTCC listing, President of NovaDius Wealth Management, Nate Geraci said, “DTCC listing Fidelity sol ETF and Canary xrp & HBAR ETFs doesn’t mean *anything* from a regulatory standpoint. It’s all on the SEC.” 

Responding to Geraci, Eric Balchunas, the senior ETF analyst at Bloomberg, wrote, “Agree, nothing to see here. That said, how many tickers are added that never launched, probably almost none.” 

Odds of ETF Approval & SEC Decision

Polymarket reports that the Solana ETF surged to a 99.7% possibility of approval in 2025, while XRP rose to 92%. A few days ago, Bloomberg Terminal confirmed 90% chances of HBAR approval on November 11. 

While anticipation for ETFs is growing in the market, the SEC continues to delay its decision. The agency is seeking public comments and utilizing its period of review of 240 days before approving. 

So, the original deadline for XRP ETFs was postponed from June to October 2025 for a final decision. But recently, the Commission delayed its decision even further for Franklin Solana (SOL) and XRP ETFs, setting a new deadline of November 14, 2025.  

Market Outlook: Solana, XRP, and Hedera 

XRP is trading at $3.06 with a market cap of $182.348, ranking the third largest crypto right now. Solana is currently trading at a higher price of $238.52 with a market cap of $129.35 billion, while Hedera trades at $0.2436 with a market cap of $10.332 billion. 

The trading volume and price of all three assets reflect steady figures. But if the ETFs are approved, it can take the cryptocurrencies to an even higher market.