Solana, Litecoin, HBAR ETFs by Bitwise, Canary, and Grayscale to Start Trading This Week
Highlights
- Bitwise Solana Staking ETF (BSOL), Canary Litecoin ETF (LTCC), and Canary HBAR ETF (HBR) to launch on Tuesday.
- Grayscale Solana ETF (GSOL) will launch on Wednesday.
- Language change in applications, Form 8-A by issuers, and CERT filings makes crypto ETFs auto-effective.
Exchanges have filed listing notices for Bitwise Solana Staking ETF (BSOL), Canary Litecoin ETF (LTCC), and Canary HBAR ETF (HBR) to launch on Tuesday. Also, the Grayscale Solana ETF (GSOL) will launch on Wednesday, according to Bloomberg ETF analysts. This happens due to language in a guidance letter from the US SEC.
NYSE, Nasdaq List Solana, Litecoin, HBAR ETFs for Trading
The CERT filing with the U.S. SEC on October 27 highlighted approval from NYSE Arca to list Bitwise Solana Staking ETF (BSOL). Two other CERT filings revealed Nasdaq’s approval to list Canary Litecoin ETF (LTCC) and Canary HBAR ETF (HBR) under the Form 8-A 12(b).
Bloomberg senior ETF analyst Eric Balchunas further confirmed that Bitwise Solana Staking ETF (BSOL), Canary Litecoin ETF (LTCC), and Canary HBAR ETF (HBR) to launch on October 28. In addition, the converted Grayscale Solana ETF (GSOL) to start trading on October 29.
Canary Capital CEO Steven McClurg said, “Litecoin and Hedera are the next two token ETFs to go effective after Ethereum. We look forward to launching tomorrow.”
🚨NEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.
“Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told me in a statement. “We look forward to… https://t.co/tPjsjLEE3R
— Eleanor Terrett (@EleanorTerrett) October 27, 2025
Crypto ETFs Approval Despite US Government Shutdown
Despite the U.S. government shutdown, crypto ETFs will get effective with the 8-A and CERT filings. Notably, 8-A is the formal registration of ETF shares under the 1934 Act for trading on an exchange.
The issuers amended S-1 with language that lets them automatically go effective 20 days after filing. If the SEC misses the final deadline in circumstances such as the government shutdown, the S-1 filing goes automatically effective without SEC intervention.
Bloomberg ETF analyst James Seyffart claimed he expects the Solana, HBAR, and Litecoin ETFs to start trading this week. This happened due to language in a guidance letter from the SEC’s Division of Corporate Finance, which came in the form of Q&A.
Replying to Seyffart, corporate legal expert Scott Johnsson said removing the delaying amendment is not a new process. However, it carries some additional risk, such as stop orders when the government shutdown ends or increased fraud risks.
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