Unverified ETFs Reported by DTCC; No Official Confirmation Found

The US Depository Trust & Clearing Corporation’s reported inclusion of Fidelity Solana ETF, Canary HBAR ETF, and Canary XRP ETF lacks direct confirmation from official institutional sources as of September 12, 2025.

This situation underscores the importance of definitive statements from key entities, as speculative reports could influence crypto market perceptions and potentially lead to unwarranted market fluctuations.

Historical Context Suggests Potential for Price Impact

Market speculation is high regarding the impact of these ETFs on token prices if confirmed. Solana, Hedera, and XRP hold potential for price appreciation similar to historical precedents set by Bitcoin and Ethereum ETFs. The absence of official statements leaves institutional investors cautious, while market participants remain unsure of the validity and timing of these ETFs’ rollouts.

Industry leaders have expressed varied reactions. Steven McClurg, CEO of Canary Capital, remarked:

“If I had to guess I would guess that XRP would probably be this year along with Litecoin, possibly HBAR, Solana.”

Nate Geraci, ETF Store President, notes ongoing SEC communications but emphasizes the absence of definitive institutional confirmation.

Market Data and Expert Insights

Did you know? The inclusion of the first Bitcoin ETF on the DTCC list led to a notable 40% increase in BTC price within a month, demonstrating the potential impact such listings hold for related altcoins if confirmed.

Solana, with a current price of $228.58 and a market cap of approximately $123.97 billion, has seen significant movement recently, with a 53.79% increase over 90 days. The asset shows a 24-hour trading volume of $9.56 billion, reflecting a dynamic market environment. Data source: CoinMarketCap.

Experts from Coincu believe success for these ETFs hinges on regulatory approval and market adoption. Given the delays in SEC decisions for HBAR and XRP, uncertainty remains a critical factor in projected market movements. Historical precedents suggest that confirmed listings could facilitate increased adoption and liquidity.