## DTCC Includes FSOL, XRPC, HBER: Strong Signal or Just Routine Procedure?
The inclusion of Solana, XRP, and Hedera ETFs in DTCC has gone (spotted) viral on crypto social media. But before jumping to conclusions, let’s analyze what’s really happening behind the scenes.
**Three New ETFs on DTCC’s Radar**
The Depository Trust & Clearing Corporation (DTCC)—the core infrastructure of the American financial market—has registered three ETF products in their system:
According to the latest data, SOL is currently trading at $127.51 with a 24-hour decrease of -4.38%, XRP is at $1.92 (-2.58%), and HBAR has fallen to $0.11 (-3.80%).
**Important: This Is Not Instant Approval**
DTCC’s step is purely administrative work to prepare the technical infrastructure. Think of it like a bank setting up a new counter service before actually launching it to the public. Infrastructure preparation doesn’t mean the service will be available tomorrow, but indicates readiness for operation once regulators give approval.
The main gatekeeper remains the SEC (Securities and Exchange Commission). They are the ones with the final authority over investment product approval. DTCC only ensures that the clearing and settlement systems are ready, not making approval decisions.
**What Does This Inclusion Really Mean?**
First, it signals that major institutional players like Fidelity are truly serious about developing the crypto ETF ecosystem beyond Bitcoin and Ethereum. This administrative inclusion demonstrates a long-term commitment to diversification.
Second, this process shows that the regulatory landscape is becoming more mature. Formal preparations by world-class institutions indicate that mainstream adoption of altcoin ETFs is no longer a dream but is entering a serious preparation phase.
However, stay realistic: inclusion in DTCC is just one step in the long journey toward final approval. Regulatory hurdles are still very real and can change depending on the policy landscape.
**Takeaway: Neutral-Positive Stance**
This inclusion is positive news for long-term market sentiment, not a short-term bullish signal. Investors should separate optimistic expectations from procedural facts. The SEC still holds the control, and there’s no guarantee on timelines or final outcomes.
What’s your view? Is this momentum building toward 2025, or just an administrative step with no major impact? Do your own research before making investment decisions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
## DTCC Includes FSOL, XRPC, HBER: Strong Signal or Just Routine Procedure?
The inclusion of Solana, XRP, and Hedera ETFs in DTCC has gone (spotted) viral on crypto social media. But before jumping to conclusions, let’s analyze what’s really happening behind the scenes.
**Three New ETFs on DTCC’s Radar**
The Depository Trust & Clearing Corporation (DTCC)—the core infrastructure of the American financial market—has registered three ETF products in their system:
- **Fidelity’s Solana ETF (FSOL)**
- **XRP Canary ETF (XRPC)**
- **Hedera Canary ETF (HBER)**
According to the latest data, SOL is currently trading at $127.51 with a 24-hour decrease of -4.38%, XRP is at $1.92 (-2.58%), and HBAR has fallen to $0.11 (-3.80%).
**Important: This Is Not Instant Approval**
DTCC’s step is purely administrative work to prepare the technical infrastructure. Think of it like a bank setting up a new counter service before actually launching it to the public. Infrastructure preparation doesn’t mean the service will be available tomorrow, but indicates readiness for operation once regulators give approval.
The main gatekeeper remains the SEC (Securities and Exchange Commission). They are the ones with the final authority over investment product approval. DTCC only ensures that the clearing and settlement systems are ready, not making approval decisions.
**What Does This Inclusion Really Mean?**
First, it signals that major institutional players like Fidelity are truly serious about developing the crypto ETF ecosystem beyond Bitcoin and Ethereum. This administrative inclusion demonstrates a long-term commitment to diversification.
Second, this process shows that the regulatory landscape is becoming more mature. Formal preparations by world-class institutions indicate that mainstream adoption of altcoin ETFs is no longer a dream but is entering a serious preparation phase.
However, stay realistic: inclusion in DTCC is just one step in the long journey toward final approval. Regulatory hurdles are still very real and can change depending on the policy landscape.
**Takeaway: Neutral-Positive Stance**
This inclusion is positive news for long-term market sentiment, not a short-term bullish signal. Investors should separate optimistic expectations from procedural facts. The SEC still holds the control, and there’s no guarantee on timelines or final outcomes.
What’s your view? Is this momentum building toward 2025, or just an administrative step with no major impact? Do your own research before making investment decisions.
**DYOR – Not Financial Advice**