September 13th• 3 min read
HBAR ETF Gains DTCC Listing, 90% Approval Odds
Canary Capital's HBAR ETF has been listed on DTCC's platform alongside Solana and XRP ETFs, marking a critical procedural milestone ahead of SEC approval. Analysts estimate a 90% chance of approval.
Key takeaways
📋 DTCC Milestone: Canary's HBAR ETF joined Fidelity's Solana and XRP ETFs on DTCC's platform, signaling readiness for market launch.
📊 High Approval Odds: Bloomberg analysts estimate 90% chance of SEC approval for HBAR ETF, with final decision expected in November 2025.
🏛️ Administrative Step: While DTCC listing doesn't guarantee approval, historically very few tickers are added without eventually launching.
⏰ Timeline Update: SEC has extended review deadlines to November, providing more time for comprehensive regulatory analysis.
Deep dive
The DTCC listing represents a significant procedural advancement for Hedera's institutional adoption prospects.
Unlike typical speculative crypto developments, this administrative milestone follows established precedents from Bitcoin ETF approvals in 2024.
The 90% approval probability reflects HBAR's regulatory clarity advantage - it has avoided the securities classification issues that have plagued other altcoins.
The November timeline aligns with the SEC's methodical approach to crypto ETF approvals, suggesting regulators are taking these applications seriously rather than dismissing them outright.
Polaris insights AI-generated
Disclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.
