📚💸 Nifty News: DTCC’s ETF Dream on Spotlight! 😏

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Once upon a droll day, in the far-off land of Wall Street, a sleight-of-hand trick was performed by some well-meaning amateurs. I’m talking about the spot XRP exchange-traded fund proposal, masterminded by a band of plucky misfits at Canary Capital Group. It was listed by the ever-so-important client of complicated and delightful words: the Depository Trust & Clearing Corporation (DTCC). Now, they’re basically the bastion of the securities world-rich, successful, and terrifyingly normal.

Accompanying this magical display were equity tricks by Fidelity’s Solana ETF proposal, and Canary’s HBAR ETF, which also appeared on this auspicious DTCC eligibility list. It’s like a watch party! But alas, don’t pop the Champagne just yet. 😏

Big Deal or Big Yawn?

Nate Geraci, money whisperer and president of NovaDius Wealth Management, droolingly clarified that mere DTCC listings are like the comforting weight of your cat on your chest when you’re trying to sleep-pleasant but ultimately not opening any action-packed plot arcs. It’s a pre-launch preparation step, akin to marinating bratwurst. Mmm…marinating.

Let’s be clear, the SEC hasn’t peeked at these potential crypto serenades with any sort of sage nodding, let alone a polite “yes.” It’s all very much “We’ll see!”

XRP ETFs Edge Close to the Spotlight?

According to the rumor mill, which I deign to call “U.Today,” the high-stakes decision-making on an ETF proposal by Franklin Templeton has been punted to Nov. 14-a paperback’s turn in length. The suspense! If the SEC is taking their sweet time, surely they’re mustering their final, thunderous conclusions.

Lucky for us, we have the keen intellect of attorney Bill Morgan, whose enthusiasm for XRP is as contagious as a viral cat meme. He believes this delay signals a brush with greatness, where final decisions are dangled like an all-you-can-eat buffet.

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2025-09-12 09:33