What ho, old sport! 🕵️♂️ Let’s unravel this financial fandango with a dash of Wodehousian wit, shall we?
The Depository Trust and Clearing Corporation (DTCC), that stalwart guardian of financial order, has recently popped a few digital asset ETFs onto its eligibility list. 🧾 Among the lucky chaps are Fidelity’s FSOL, Canary’s XRPC, and Canary’s HBR, tracking the antics of XRP, SOL, and HBAR, respectively. Quite the trio, what?
Now, the ticker tape’s all aflutter, with brokers and market makers rubbing their hands in anticipation. But hold your horses, old bean! 🏇 Just because the DTCC’s given them the nod doesn’t mean the SEC’s ready to roll out the red carpet. As Nate Geraci, the egghead behind NovaDius Wealth, so eloquently put it: “It’s all on the SEC, old chap.” 🎩
PSA…
DTCC “listing” Fidelity sol ETF and Canary xrp & hbar ETFs doesn’t mean *anything* from regulatory standpoint.
It’s all on the SEC.
– Nate Geraci (@NateGeraci) September 11, 2025
Meanwhile, XRP’s leading the pack with more ETF applications than a Jeeves novel has clever quips. 📈 Polymarket’s giving it a 93% chance of SEC approval this year-not too shabby, eh? And SOL? Well, it’s practically a done deal, with odds soaring to nearly 100%. 🌟
So, while the DTCC’s given a cheeky wink, the SEC’s still blinking. Will they approve these ETFs, or will they leave us all in suspense like a Bertie Wooster caper? Only time will tell, old sport. 🕰️
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2025-09-12 14:21