Solana, Litecoin, Hedera ETFs to launch Tuesday: Analyst
Cointelegraph
Analyst Eric Balchunas anticipates the launch of Solana, Litecoin, and Hedera ETFs on Tuesday following US exchange listings.Summary
According to Bloomberg analyst Eric Balchunas, US exchange listing notices have appeared for Bitwise’s Solana (SOL) ETF and Canary’s Litecoin (LTC) and Hedera (HBAR) ETFs, suggesting they are slated to go live on Tuesday. Balchunas also noted that Grayscale’s Solana Trust is expected to convert to an ETF the following day. Crypto ETFs allow investors exposure to digital assets without direct ownership. This potential launch follows the SEC's approval of the first US spot Bitcoin ETFs in January 2024. Solana staking ETFs have been a significant narrative, with Bitwise's proposed Solana ETF also including staking features, which Thomas Uhm of Jito suggests is just the beginning of related financial products.
(Source：Cointelegraph)