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>>Breaking: Altcoin ETF updates keep streaming in, with the fate of two altcoins nearly settled.

Breaking: Altcoin ETF updates keep streaming in, with the fate of two altcoins nearly settled.

crypthub

3 days ago

Nasdaq Spot ETFs

Canary Funds will begin trading spot Litecoin (LTC) and Hedera (HBAR) ETFs on the Nasdaq tomorrow. The launch follows statements from CEO Steven McClurg that these token ETFs follow the earlier Ethereum offerings. Both funds are slated to start trading simultaneously, marking a notable expansion of crypto products on the exchange.

NYSE Approvals

The New York Stock Exchange approved 8‑A filings for Bitwise’s spot Solana (SOL) ETF and Grayscale’s GSOL conversion. Bitwise’s ETF is set to launch tomorrow, while Grayscale’s GSOL product will go live on Wednesday. These approvals clear the final hurdle for listing the funds on the NYSE.

Regulatory Mechanics

Despite the government shutdown, the ETFs can proceed thanks to a clause in their S‑1 registrations that activates 20 days after filing, bypassing the usual SEC sign‑off. The 8‑A filings register the fund shares under the Securities Exchange Act of 1934, allowing them to be traded on the exchanges. This development is not investment advice.