Crypto ETFs tied to Solana, Litecoin, and HBAR set to launch this week

Bloomberg’s Eric Balchunas says ETFs tied to Solana, Litecoin, and Hedera are expected to go live within days, pending last-minute SEC review.

Key Takeaways

• Bitwise’s Solana Staking ETF and Canary’s Litecoin and HBAR funds are expected to list this week.
• The launches mark an expansion of crypto ETFs beyond Bitcoin and Ethereum into altcoin markets.

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Crypto ETF momentum is accelerating as multiple altcoin-linked products prepare to launch this week.

Bloomberg’s senior ETF analyst Eric Balchunas said listing notices confirm that Bitwise’s Solana Staking ETF, along with Canary Litecoin and Canary HBAR ETFs, are scheduled to begin trading tomorrow. Grayscale’s Solana fund is expected to convert the following day, assuming there’s no last-minute intervention from the SEC.

The news followed a now-deleted post from Kyle Samani, managing partner at Multicoin Capital, who announced earlier today on X that the Bitwise Solana Staking ETF would launch later in the week.

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