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October 29, 2025Bitcoinist logoBitcoinist

ETF Launch Countdown: Solana, Litecoin, and Hedera Set to List Despite U.S. Government Shutdown

Institutional investors are brimming with excitement as exchange-traded funds (ETFs) linked to Solana (SOL), Litecoin (LTC), and Hedera (HBAR) prepare to debut on ￰0￱ this week, even as the ￰1￱ and Exchange Commission (SEC) remains partially shut ￰2￱ insiders confirm that fund issuers have filed the requisite documents and received listing notices, paving the way for a landmark expansion of crypto products into the traditional finance ￰3￱ ETF wave surges ahead The stalwart asset managers behind this push, Bitwise Asset Management, Canary Capital, and Grayscale Investments, have signalled that their funds will launch this ￰4￱ to Bloomberg analyst Eric Balchunas, exchange listing notices have been posted for Bitwise’s Solana ETF and Canary’s Litecoin and Hedera ETFs, with launches slated for Tuesday.

Grayscale’s Solana fund conversion is expected on Wednesday. What’s key is how this is happening despite the ￰5￱ ￰6￱ are relying on regulatory mechanisms, notably Form 8-A filings and amended S-1 registration statements allowing automatic effectiveness after 20 days, to go live without requiring the SEC’s manual ￰7￱ regulatory workaround, combined with the generic listing standards approved in September, has created a rare window for altcoin ETFs to break into the ￰8￱ the new ETFs mean for crypto markets For Solana , this ETF launch could prove ￰9￱ the sixth-largest blockchain by market cap, Solana already draws institutional interest for its high-speed ￰10￱ proposed product from Bitwise (ticker: BSOL) reportedly includes staking features, offering long-term holders a compelling “own crypto via a regulated fund” route.

Meanwhile, Litecoin and Hedera , though smaller in market cap, gain legitimacy through this ETF ￰11￱ Capital’s CEO confirmed the spot LTC and HBAR funds will trade on the Nasdaq starting Tuesday under the tickers “LTCC” and “HBR”. Institutional access is ￰12￱ who previously needed to hold crypto wallets and navigate exchange custody can now access regulated funds via brokerage ￰13￱ market views this as a major step in bridging DeFi/crypto assets with mainstream ￰14￱ Line That said, timing ￰15￱ surrounding conditions, regulatory innovation, shutdown-driven inertia at the SEC, and investor appetite for fresh crypto exposure, have aligned ￰16￱ watchers caution that while the launches are historic, they are not without risk, token prices, liquidity flows, and investor behaviour around product debut remain ￰17￱ sum, the crypto industry stands at a tipping ￰18￱ Solana, Litecoin, and Hedera gaining regulated ETF wrappers, the era of altcoin funds may be officially underway, despite Washington being partially shut ￰19￱ countdown is ￰20￱ image from ChatGPT, SOLUSD chart from Tradingview

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