Solana and HBAR ETFs Will Begin Trading Tomorrow
Bitwise and Canary Capital's Solana and HBAR ETFs are confirmed to begin trading tomorrow despite initial confusion.Summary
Following initial confusion and ambiguity surrounding financial regulators and macroeconomic conditions, it is now confirmed that Bitwise's Solana (SOL) spot ETF and Canary Capital's Solana and HBAR ETFs will commence trading tomorrow at market open. Bitwise announced that its SOL-based product's registration statement will be visible on the SEC website, and the NYSE approved the 8-A filing, making the ETF effective. Canary Capital had also previously claimed their ETFs were about to be listed. Despite this bullish news, neither SOL nor HBAR prices have rallied, possibly due to Solana's recent price struggles and ongoing market uncertainty caused by a multi-week US federal government shutdown that has disrupted altcoin ETF approvals.
(Source：BeInCrypto)