- 21Shares Polkadot (TDOT) and Sui (TSUI) ETFs now listed on DTCC, signaling operational readiness.
- Listings do not indicate SEC approval; formal trading awaits regulatory clearance.
- Market excitement is high as Cointober begins, with approval odds for crypto ETFs rising.
Private crypto firm 21Shares has taken a significant step toward launching two of its newest exchange-traded funds (ETFs), listing the 21Shares Polkadot ETF (TDOT) and 21Shares Sui ETF (TSUI) on the Depository Trust & Clearing Corporation (DTCC) on Tuesday. While the listing is an important operational milestone, it does not yet signal regulatory approval from the U.S. Securities and Exchange Commission (SEC).
Understanding the DTCC Listing
The DTCC listing is part of the standard preparation process for ETFs, reflecting growing confidence in the underlying assets rather than any official green light from regulators. Similar recent listings include Fidelity’s Solana ETF (FSOL) and Canary’s HBAR (HBR) and XRP (XRPC) ETFs. These steps help streamline administrative procedures, ensuring that the funds are ready for eventual trading once the SEC grants approval.
For the 21Shares ETFs, SEC decision deadlines are set for November 2025 for TDOT and December 2025 for TSUI. This follows a recent SEC simplification of the ETF approval process, which removed the 19b-4 filing requirement and reduced bureaucratic hurdles for crypto funds.
Market Excitement Around Cointober
Industry analysts are increasingly optimistic about the wave of crypto ETFs expected to launch in the U.S. Bloomberg Senior ETF Analyst Eric Balchunas recently stated that the likelihood of approval for multiple crypto ETFs is “100% now,” signaling growing confidence in the regulatory landscape. He added, “Who’s ready for Cointober? Spot crypto ETF deadlines start this week! Litecoin and Solana up first. Should be a wild month.”
As the SEC begins issuing final decisions on pending ETFs, investors are advised to remain cautious. While enthusiasm is high, the SEC continues to warn about potential scams targeting crypto ETF investors. Users should verify information carefully and avoid fraudulent websites.
The Road Ahead for 21Shares
The DTCC listings for TDOT and TSUI mark a foundational step in the process toward SEC approval and official trading. However, ETFs cannot yet trade until regulators formally authorize them. With Cointober underway, market participants are watching closely for developments, especially as the SEC decision deadlines approach for major crypto ETFs.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
