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- The Depository Trust & Clearing Corporation (DTCC) has listed Solana futures ETFs, marking a key step toward broader institutional acceptance.
- A spot Solana ETF could attract between $3 billion and $6 billion in net assets within its first year, boosting market liquidity and adoption.
- Alongside Solana, DTCC has also listed a Litecoin ETF, while XRP ETFs are gaining momentum, signaling deeper crypto integration into traditional finance.
The Depository Trust & Clearing Corporation (DTCC) has officially listed the first Solana futures exchange-traded funds (ETFs), marking a significant step toward broader institutional acceptance of Solana-based financial products. The newly listed ETFs, Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2x Solana ETF (SOLT), became eligible for post-trade services, including clearing and settlement, through DTCC on February 27.
DTCC’s listing is widely regarded as a positive development for ETFs eyeing regulatory approval, as it facilitates the smooth operation of these funds within the financial system. The firm clarified that while active and pre-launch ETFs appear on its listings, those yet to be fully approved will not proceed through DTCC’s clearing and settlement processes until they meet all regulatory requirements.
Market analysts interpreted the mother signal of growing institutional interest in Solana, potentially paving the way for more crypto ETFs to gain traction. Mario Nawfal, Founder of IBC Group, commented that this signals growing institutional adoption of Solana and could pave the way for broader crypto ETF approvals. With Bitcoin and Ethereum ETFs already making waves, Solana’s entry into the mix marks another step toward mainstream crypto integration on Wall Street.
While the listing is a good development, Bloomberg analyst James Seyffart is not optimistic, forecasting that approvals from the U.S. Securities and Exchange Commission (SEC) on spot Solana ETFs will not be until after 2026. There is no full approval on a U.S.-listed ETF that holds SOL tokens.
Investment bank giant JPMorgan estimates that a spot Solana ETF can attract between $3 billion and $6 billion in net assets in its first year, affecting both SOL’s market liquidity and its price. In the meantime, prediction platform Polymarket is currently putting a 39% probability of a spot Solana ETF becoming approved by 31st July, a measure of optimistic prudence.
Bloomberg analysts Eric Balchunas and Seyffart have placed a 70% probability on Solana ETF approvals. However, both conceding whether Solana is a commodity or a security will complicate decisions on whether it can be approved.
Beyond Solana, DTCC also listed Canary Capital’s U.S. spot Litecoin ETF (LTCC) on February 20. The SEC recently invited public comments on the fund after Nasdaq filed a 19b-4 form on February 4, initiating the regulatory review process.
Solana XRP and Litecoin ETFs Set to Disrupt Traditional Finance
Meanwhile, the race over an XRP ETF is heating up. The SEC announced on February 18 that the Cboe BZX Exchange requested a 21-day notice period to list and trade Bitwise’s spot ETF on XRP. Analysts forecast a final decision on XRP ETFs in mid-October 2025, with a 65% probability of approval, according to predictions by Seyffart and Balchunas.
Matt Hougan, Chief Investment Officer at Bitwise, noted growing interest in XRP-based financial instruments. Grayscale, 21Shares, and CoinShares have all filed XRP ETF filings. The recent acknowledgment by the SEC of many filings is a more welcoming approach towards XRP-based ETFs, another layer of expectation in the evolving crypto ETF scenario.
With Bitcoin and Ethereum ETFs already reshaping institutional involvement in cryptocurrency, the possibility of Solana, Litecoin, and XRP ETF approvals having a similar effect on traditional finance is probable. The success will be realized in a matter of a few months as regulators finally work towards clearing some of these barriers.
DTCC listing Solana futures ETFs is a crucial step towards authenticating Solana as a tradable commodity, affirming the growing relevance in the new cryptocurrency investing space.
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