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HBAR, Solana, XRP ETFs by Fidelity and Canary Make Way to DTCC Listing
Yahoo Financeยท2025-09-12 09:35

Core Insights - The US SEC is expected to approve new crypto ETFs soon, with Solana and XRP ETFs having a 95% chance of approval and HBAR ETF at 90% [2] - The REX-Osprey Spot XRP ETF is set to launch on September 12, 2025, after the SEC completed its review without objections [4][5] - The broader crypto market is showing strength, with Solana and XRP experiencing significant price increases as ETF approval deadlines approach [6] Group 1: ETF Developments - HBAR, Solana, and XRP ETFs filed by Fidelity Investments and Canary Capital have made progress towards DTCC listing, indicating potential SEC approval [1][2] - The DTCC listing is an administrative step, and these ETFs still require SEC approval before trading can begin [3] Group 2: Market Performance - Solana has gained 6.3% and extended its weekly gains to 15%, outperforming other altcoins [6] - XRP has also shown strength, with an 8% increase over the past week, as investors anticipate the XRP ETF launch [6]