On September 12, 2025, DTCC listed the Fidelity Solana ETF and Canary ETFs (Hedera, XRP), marking a procedural step towards potential launches. However, SEC decisions may delay trading.
Institutional Readiness for Crypto ETFs
The listing of several crypto ETFs on DTCC's website, including the Fidelity Solana ETF and Canary Hedera ETF, serves as a procedural step toward their potential launch. Despite the lack of SEC approval, this indicates growing interest from institutional investors.
Regulatory Challenges and the Future of Crypto ETFs
While the ETF listing provides hope for integrating crypto assets with traditional financial systems, regulatory hurdles remain. Delays in SEC decisions are anticipated to affect broader market participation. Steven McClurg, CEO of Canary Capital, highlighted Hedera's technology's importance for scalability.
Market Reaction to ETF Listings
The market reacted positively to the ETF listing announcement, with no official commentary from major players. Expectations for future shifts in digital asset investments remain high despite the lack of formal regulatory approval.
In conclusion, the DTCC's registration of crypto ETFs underscores the growing interest in digital asset investments, while also highlighting existing regulatory risks that could slow market development.
