What ho, old sport! đľď¸âď¸ Letâs 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. đ§ž Among the lucky chaps are Fidelityâs FSOL, Canaryâs XRPC, and Canaryâs HBR, tracking the antics of XRP, SOL, and HBAR, respectively. Quite the trio, what?
Now, the ticker tapeâs all aflutter, with brokers and market makers rubbing their hands in anticipation. But hold your horses, old bean! đ Just because the DTCCâs given them the nod doesnât mean the SECâs ready to roll out the red carpet. As Nate Geraci, the egghead behind NovaDius Wealth, so eloquently put it: âItâs all on the SEC, old chap.â đŠ
PSAâŚ
DTCC âlistingâ Fidelity sol ETF and Canary xrp & hbar ETFs doesnât mean *anything* from regulatory standpoint.
Itâs all on the SEC.
– Nate Geraci (@NateGeraci) September 11, 2025
Meanwhile, XRPâs leading the pack with more ETF applications than a Jeeves novel has clever quips. đ Polymarketâs giving it a 93% chance of SEC approval this year-not too shabby, eh? And SOL? Well, itâs practically a done deal, with odds soaring to nearly 100%. đ
So, while the DTCCâs given a cheeky wink, the SECâs 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. đ°ď¸
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2025-09-12 14:21