HomeNewsNYSE Set to List Spot Solana, Hedera, and Litecoin ETFs This Week...

NYSE Set to List Spot Solana, Hedera, and Litecoin ETFs This Week Despite U.S. Government Shutdown

- Advertisement -

The New York Stock Exchange (NYSE) is moving forward with a new wave of spot crypto ETF listings this week, even as the U.S. government remains in partial shutdown. On Monday, October 27, 2025, the exchange posted official listing notices for funds tracking Solana (SOL), Hedera (HBAR), and Litecoin (LTC), marking another major milestone in the integration of digital assets into traditional financial markets.

According to the filings, Canary Capital will debut the first-ever U.S. spot ETFs for Hedera and Litecoin on Tuesday, October 28, while Bitwise Invest will launch its Solana Staking ETF on the same day, following NYSE Arca certification. Meanwhile, Grayscale’s Solana Trust (GSOL), previously available on the OTC market, is scheduled to convert into a spot ETF on Wednesday, October 29.

These listings are being carried out under the new generic listing standards, which allow issuers to bring products to market without requiring individual SEC approval. This streamlined pathway, introduced earlier in 2025, enables ETF issuers to proceed with launches during regulatory gridlock, including government shutdowns.

The developments follow the landmark approval of spot Bitcoin and Ethereum ETFs in 2024, expanding institutional and retail access to a broader range of digital assets. Analysts say the inclusion of Solana, Hedera, and Litecoin represents the next logical phase in the mainstreaming of crypto exposure through regulated vehicles.

Notably, Bitwise’s Solana Staking ETF introduces a yield-generating element by staking underlying SOL holdings, allowing investors to potentially earn additional returns, a first for U.S.-listed crypto ETFs.

Despite the political backdrop, the launch of these ETFs signals resilient institutional demand and accelerating financial infrastructure around digital assets. By the end of this week, investors will have three new spot crypto ETFs trading on the NYSE, underscoring how the boundaries between traditional and decentralized finance continue to blur, even amid Washington’s dysfunction.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
RELATED ARTICLES

LATEST ARTICLES