The New York Stock Exchange on Monday posted listing notices for four new spot crypto ETFs — the Bitwise Solana Fund, Canary Capital Litecoin and HBAR Fund, and the Grayscale Solana Trust — signaling trading could start as soon as Tuesday.
The development came as a surprise to market participants, since ETF issuers had not expected movement from the SEC amid the U.S. government shutdown.
With most of the SEC staff furloughed, the listings likely use newly introduced generic listing standards or similar mechanisms that allow ETFs to go live without direct approval.
These products will offer investors spot exposure to Solana, Hedera, and Litecoin, and some will include staking features.
They are the first new spot ETFs to launch since the approval of Bitcoin and Ether ETFs in 2024, marking another step in the institutional expansion of crypto investment options on Wall Street.
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