Fidelity and Canary are about to launch altcoin ETFs in the United States
Source: CoinWorld
Time: 2025-09-12 18:05:47
Fidelity and Canary have advanced plans to launch altcoin-focused ETFs in the United States, with the US Custody Trust and Settlement Corporation (DTCC) launching three new products on September 11: Fidelity’s Solana ETF (FSOL), Canary’s HBAR ETF (HBR) and Canary’s XRP ETF (XRPC). Although it has not yet obtained regulatory approval, this listing is a necessary technical step before potential listing. The move shows that institutional investors are increasingly interested in cryptocurrency ETFs other than Bitcoin and Ethereum, although final approval is still in the hands of the Securities and Exchange Commission (SEC). If approved, these ETFs could drive mainstream adoption and traditional capital inflows from Solana, XRP and HBAR.