Solana(SOL)·Litecoin(LTC)·Hedera(HBAR) ETF, set to be listed soon

JH Kim

Summary

Solana(SOL), Litecoin(LTC), and Hedera(HBAR)-based exchange-traded funds (ETFs) are expected to be listed in succession this week.
The U.S. SEC said that if it does not raise objections at the last minute, the listings are likely to proceed as scheduled.
He said that major altcoin-based ETFs beyond Bitcoin(BTC) and Ethereum(ETH) have entered the approval stage and are expected to accelerate the crypto asset market's institutional entry trend.

Solana(SOL), Litecoin(LTC), and Hedera(HBAR)-based exchange-traded funds (ETFs) are expected to be listed consecutively within this week. However, the U.S. Securities and Exchange Commission (SEC) may still intervene at the last minute.

On the 27th (local time), Bloomberg ETF analyst Eric Balchunas said, "Bitwise's SOL ETF and Canary's LTC·HBAR ETFs are scheduled to list on October 28, and Grayscale's SOL ETF is scheduled to list on October 29."

Balchunas added, "If the SEC does not raise an objection at the final stage, it is highly likely that the listings will proceed as scheduled."

These listings are expected to accelerate the institutional entry trend of the crypto asset (cryptocurrency) market, as major altcoin-based ETFs beyond Bitcoin(BTC) and Ethereum(ETH) have consecutively entered the approval stage.