DTCC Add XRP, SOL & HBAR Spot ETFs; SEC Decision Still Pending
DTCC don add spot ETF applications for XRP ETF, SOL ETF and HBAR ETF—Fidelity FSOL plus Canary XRPC and HBR—come their NSCC eligibility list, wey fit make brokers and market makers fit process trade once SEC approve am officially. Bloomberg and Polymarket data show say chances high for these funds, near 100% chance for SOL ETF and around 90–95% for XRP ETF and HBAR ETF. Even though issuers ready, experts like Nate Geraci talk say DTCC list no dey affect regulatory approval; SEC final decision for these crypto ETFs dey due come October. Meanwhile, REX-Osprey Spot XRP ETF don finish im 75-day review and go launch for September 12, wey go give direct XRP exposure. Market sentiment dey bullish, SOL don rise more than 15% and XRP gain 8% dis week as traders dey wait for SEC green light.
Bullish
The DTCC listing of spot ETFs for XRP, SOL, and HBAR mean say institutional people dey ready well well and market dey positive. Because the chances say the SOL ETF go get approval dey almost certain and the probability high for XRP ETF and HBAR ETF, traders don push SOL and XRP prices high. For short term, this hope fit make people buy more as SEC decision dey come. For long term, if approval succeed, e fit increase liquidity and make institutional people join well, e go strong support for these altcoins. Past experience with Bitcoin ETFs show say the good trend fit continue after approval.