Key Takeaways: The Canary Trump Coin ETF has secured a listing on the Depository Trust & Clearing Corporation (DTCC) platform under the ticker symbol TRPC, representing a significant milestone in the integration of political meme coins into traditional financial infrastructure. The DTCC listing occurred on October 7-8, 2025, positioning the politically themed crypto product for potential mainstream trading availability. The ETF focuses on a Solana-based meme coin inspired by President Donald Trump, reflecting the growing trend of political figures influencing cryptocurrency narratives. Canary Capital Group initially filed the S-1 registration statement with the SEC on August 26, 2025, seeking to establish this politically themed exchange-traded fund. The DTCC listing demonstrates how political meme coins are transitioning from internet subculture to regulated financial products. This development occurs amid broader institutional acceptance of cryptocurrency assets, with meme coin ETFs already appearing on major U.S. brokerages. The first Dogecoin ETF logged $18 million in day-one volume, indicating substantial investor appetite for meme coin investment products. Political meme coins have experienced unprecedented growth in 2025, with the sector reaching a $70+ million development market. The Trump token itself has faced significant volatility, declining approximately 80% from its January highs, prompting Fight Fight Fight LLC to seek $200 million for a treasury buyback program. The DTCC listing represents standard procedural preparation for ETF launches and indicates clearing and settlement readiness. However, this listing does not imply SEC regulatory approval or guarantee any definitive approval outcome. The appearance on the DTCC platform follows similar infrastructure preparations by other crypto ETFs, including Fidelity’s Solana ETF proposals. ETF experts have questioned the likelihood of approval, noting that spot ETFs typically require underlying asset futures markets to operate for at least six months before SEC endorsement. Currently, no TRUMP futures products exist in regulated markets. The regulatory landscape has evolved significantly under the Trump administration, with the SEC adopting more accommodating stances toward digital assets. In February 2025, the commission announced that meme coins are not classified as securities, removing them from direct SEC oversight. The Canary Trump Coin ETF filing commits to providing full token backing through regulated custodial reserves, distinguishing it from previous proposals based on the Investment Company Act of 1940. If approved, this would mark the first U.S. ETF directly related to a sitting president’s personal cryptocurrency project. The broader crypto ETF market has attracted record inflows of $5.95 billion globally, with political developments influencing investor sentiment.