ETF XRP listed by DTCC. What does it mean?

ETF XRP listed by DTCC. What does it mean?

  • What a thing? Not precisely
  • ETF XRP can be about to approve

The proposal of Canary Capital Group for a SPOT XRP Traded (ETF) fund has been listed by the Trust and Clearing Corporation (DTCC), the main liquidation and liquidation service of the USA. UU. For values, on its website.

In addition to that, ETF Solana de Fidelity and Canary ETF Hbar have also appeared in the eligibility list of the DTCC.

What a thing? Not precisely

Nate Geraci, president of Novadius Wealth Management, has clarified that the DTCC list does not really mean anything.

You may also like

This is mainly a standard preparatory step ahead of the potential launch of a certain ETF product.

It does not mean that the SEC has already made the decision to approve these products.

ETF XRP can be about to approve

As Reported by U.TODAYThe SEC has delayed decision making on the high -risk ETF proposal presented by the Franklin Templeton investment management portfolio.

The decision has been retreated until November 14, which means that the delay is very short.

According to lawyer Bill Morgan, a well -known XRP enthusiast, the decision probably means that the SEC is close to “a final decision” about this, as well as other XRP ETF proposals.

Leave a Reply

Your email address will not be published. Required fields are marked *