NYSE Lists Solana (SOL), Hedera (HBAR), Litecoin (LTC) Spot Crypto ETFs for Trading This Week
The NYSE posted listing notices for four new spot crypto ETFs, including Solana, Hedera, and Litecoin products, expected to trade this week.Summary
The New York Stock Exchange (NYSE) posted listing notices on Monday for four new spot cryptocurrency exchange-traded funds (ETFs), suggesting they will commence trading as early as Tuesday. These filings include the Bitwise Solana Fund, Canary Capital Litecoin and HBAR Fund, and the Grayscale Solana Trust. This move surprised the market because ETF issuers did not anticipate decisions from the Securities and Exchange Commission (SEC) during the ongoing U.S. government shutdown, which has reduced staff. The sudden appearance of listing notices implies that issuers are launching these funds under newly developed generic listing standards or utilizing other mechanisms that bypass the need for immediate SEC approval. These spot ETFs allow investors exposure to underlying digital assets without direct ownership and are the first launched for new crypto assets following the 2024 approval of spot Bitcoin and Ether ETFs; some funds will also feature staking capabilities.
(Source：CoinDesk)