These Two Altcoin ETFs Are About To Start Trading On NASDAQ – It’s Not XRP Or Dogecoin

Crypto reporter Eleanor Terrett shared that two new altcoin exchange-traded funds (ETFs) are about to start trading on the NASDAQ, beating out Dogecoin and XRP spot ￰0￱ to the journalist, everything needed to begin trading is already in place, even though the government is in a ￰1￱ legal rules allow these ETFs to go live without government staff needing to approve anything first, so the launches are still moving ￰2￱ And Hedera ETFs Begin Trading On NASDAQ Terrett explained on X that Canary Funds’ spot Hedera (HBAR) and Litecoin (LTC) ETFs are now ￰3￱ reported that these two altcoin ETFs will begin trading on the NASDAQ on Tuesday, according to Canary Capital CEO Steven ￰4￱ told Terrett in a statement that “Litecoin and Hedera are the next two token ETFs to go live after Ethereum.” He also said, “We look forward to launching tomorrow.” Terrett shared this update after months of rising anticipation and ￰5￱ debut of these exchange-traded funds for Hedera (HBAR) and Litecoin (LTC) is now imminent, expanding crypto-based investment products into mainstream US markets.

McClurg’s statement confirms the company’s excitement and readiness for the ￰6￱ ETFs will begin trading on NASDAQ on Tuesday, making them accessible to more traditional investors through regulated brokerage ￰7￱ ETF Launches Move Ahead Even During Shutdown Terrett also explained why these altcoin ETFs can move ahead during the government ￰8￱ said that the operation of law does not always require an open ￰9￱ legal process behind ETF launches continues even when some parts of the government are ￰10￱ explained that, in her view, 8-A filings are just as crucial as S-1 filings for an ETF ￰11￱ 8-A filings formally register ETF shares under the 1934 Act so they can trade on an exchange, and the S-1 filings register them under the Securities Act of ￰12￱ mentioned by Terrett, the New York Stock Exchange (NYSE) certified all the 8-A filings for the altcoin ￰13￱ said this is the final step before shares can start ￰14￱ issuers also added language in their amended S-1 filings that allows the ETFs to become effective automatically 20 days after ￰15￱ SEC does not need to manually approve them, as S-1 filings can go live on their own, even during the government ￰16￱ also noted that the shutdown pushed back earlier decision deadlines, but now all legal boxes are checked, so the altcoin ETFs are still on track for launch.

Additionally, she also highlighted that Bloomberg ETF expert Eric Balchunas confirmed the listing notices from the ￰17￱ said that the NYSE posted listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR, launching on Tuesday, and for Grayscale’s GSOL, converting on ￰18￱ to the Bloomberg analyst, everything looks ready now, unless there is a last-minute SEC intervention.