LTC ETF Launch Signals Institutional Adoption Wave as Canary Capital Expands Crypto Offerings

The cryptocurrency landscape is witnessing a transformative moment with Bitwise pioneering the first US Solana ETF while Canary Capital simultaneously launches new ETFs for Hedera (HBAR) and Litecoin (LTC). This coordinated institutional push represents a significant milestone in digital asset adoption, particularly highlighting Litecoin's growing prominence in traditional finance. The Bitwise Solana Staking ETF (BSOL), debuting on NYSE Arca with 100% direct exposure to spot SOL and staking capabilities powered by Helius, demonstrates the maturation of cryptocurrency investment vehicles. Meanwhile, Canary Capital's parallel launch of HBAR and LTC ETFs on Nasdaq creates a powerful trifecta of institutional-grade crypto products entering mainstream markets. These developments signal a pivotal shift in how traditional investors can access digital assets through regulated channels, with Litecoin positioned as a core component of this new financial infrastructure. The timing of these launches during what many analysts are calling a 'pivotal year for crypto' underscores the accelerating convergence between blockchain technology and conventional finance. As regulatory frameworks continue to evolve and institutional confidence grows, these ETF offerings provide both retail and institutional investors with unprecedented access to cryptocurrency exposure while maintaining the security and transparency of established exchange platforms. The inclusion of Litecoin alongside other major digital assets in this institutional expansion validates LTC's enduring relevance and utility within the broader crypto ecosystem, potentially paving the way for increased adoption and price stability as more traditional capital flows into these newly accessible investment vehicles.

Bitwise to Launch First US Solana ETF, Marking Pivotal Year for Crypto

Bitwise's solana Staking ETF (BSOL) is set to debut on NYSE Arca Tuesday, becoming the first US exchange-traded product with 100% direct exposure to spot SOL. The staking mechanism will be powered by blockchain infrastructure firm Helius.

The launch follows cryptic teasers from Bitwise and comes alongside Canary Capital's new ETFs for Hedera (HBAR) and Litecoin (LTC), which begin Nasdaq trading tomorrow. These developments build on the landmark approvals of US Bitcoin and ether ETFs earlier this year.

SEC approval processes faced delays during the government shutdown but continued through the regulator's Division of Corporation Finance. The greenlight arrives as the agency finalizes broader standards for crypto ETP listings.

Solana, Litecoin, and Hedera ETFs Set to Launch in U.S. Markets This Week

Four new altcoin-tracking exchange-traded funds (ETFs) are poised to begin trading in the U.S. this week, marking another milestone in crypto's institutional adoption. The Canary Litecoin ETF (LTC) and Canary Hedera ETF (HBAR) will debut on Nasdaq Tuesday, while Bitwise's Solana Staking ETF (SOL) launches the same day. Grayscale's Solana Trust conversion to an ETF follows on Wednesday.

These listings arrive via an expedited regulatory pathway—NYSE and Nasdaq's 8-A filings—bypassing the traditional approval process. Bitwise's offering notably targets 100% direct exposure to Solana with full staking participation, capitalizing on the network's ~7% yield.

The launches extend 2024's ETF momentum following successful Bitcoin and ethereum spot fund rollouts. Market observers note the unexpected speed of these altcoin product approvals signals growing acceptance of crypto assets in traditional finance.

Bitwise Nears Launch of Solana (SOL) ETF Following NYSE Approval

Bitwise's Solana Staking ETF has cleared a critical hurdle with NYSE Arca's approval, paving the way for institutional adoption. The filing with the SEC confirms operational readiness, with a potential launch as early as October 28 alongside Litecoin and Hedera Hashgraph ETFs.

This development signals accelerating mainstream acceptance of crypto investment vehicles. Solana's inclusion marks a strategic expansion beyond Bitcoin and Ethereum-focused products, reflecting growing demand for diversified exposure.

The ETF structure eliminates custody and staking complexities for traditional investors. Market observers anticipate significant capital inflows, mirroring the trajectory of earlier crypto ETF launches that reshaped institutional participation.

XRP Left Behind Again as Solana, Hedera, and Litecoin ETFs Set To Go Live Tomorrow

Spot ETFs for Litecoin (LTC) and Hedera (HBAR) will begin trading on NASDAQ tomorrow, as confirmed by Canary Funds CEO Steven McClurg. These mark the latest crypto ETFs to launch following Ethereum's precedent. Bloomberg’s Senior ETF Analyst Eric Balchunas noted NYSE certification for multiple filings, including Bitwise’s Solana ETF (SOL) and Grayscale’s GSOL conversion.

The approvals arrive amid a U.S. government shutdown, enabled by provisions in the Securities Exchange Act of 1934 that allow FORM 8-A filings to proceed without active SEC oversight. Market participants now watch for potential last-minute regulatory intervention.

Why XRP Is Missing From the Spot ETF Approvals Set for Tomorrow?

In a surprising development, spot ETFs for Litecoin (LTC) and Hedera (HBAR) are set to begin trading on NASDAQ tomorrow, as confirmed by Canary Funds CEO Steven McClurg. These approvals follow Ethereum's ETF launch, marking another milestone in crypto's institutional adoption.

Bloomberg’s Senior ETF Analyst Eric Balchunas noted the NYSE has certified 8-A filings for multiple crypto ETFs, including Bitwise’s Solana (SOL) offering and Grayscale’s GSOL conversion. Listing notices confirm launches will proceed barring last-minute SEC intervention.

The approvals arrive amid an ongoing U.S. government shutdown, enabled by legal provisions allowing ETF filings to advance without active SEC oversight. The 1934 Securities Exchange Act facilitates this process through FORM 8-A registrations.

HBAR ETF Goes Live on Nasdaq During U.S Government Shutdown

The Hedera (HBAR) community has achieved a significant milestone with the launch of its first U.S. exchange-traded fund (ETF) on Nasdaq. The Canary Capital HBAR ETF, trading under the ticker HBR, began trading on October 28, 2025, offering investors direct spot exposure to HBAR. This development eliminates the need for institutional investors and advisors to manage crypto wallets, streamlining access to the network.

Canary Capital CEO Steven McClurg confirmed the ETF's launch, leveraging the SEC’s shutdown playbook, which permits new ETFs to go live 20 days after filing, even during regulatory short-staffing. The ETF will custody HBAR tokens with BitGo and Coinbase Custody, while CoinDesk Indices will provide price tracking.

In a parallel move, Canary Capital is also introducing a Litecoin (LTC) ETF, marking a busy week for crypto fund listings in the U.S. The announcement has sparked enthusiasm on social media, with X users commending Hedera's understated yet impactful progress.