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Trump Coin ETF Listed on DTCC as Canary Awaits SEC Approval
Trump Coin ETF Listed on DTCC as Canary Awaits SEC Approval
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BTCCSquare news:
The TRUMP Coin ETF, backed by Canary Capital Group, has been listed on the DTCC platform under the symbol TRPC. This technical step confirms readiness for clearing and settlement but does not imply SEC approval. The fund aims to provide direct exposure to the TRUMP token, bypassing offshore entities or Treasury assets.
Canary Capital Group filed the ETF registration in August under the Securities Act of 1933. Experts note the absence of a TRUMP token futures market may delay regulatory approval. "I don't know how this gets through though because you need to have futures for at least six months on an exchange," said Bloomberg Intelligence analyst Eric Balchunas.
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