Wall Street Commences Trading of Spot SOL, LTC, HBAR ETFs

Key Points:

  • Spot ETFs for SOL, LTC, HBAR now trading on Wall Street.
  • Opens altcoin access to traditional investors.
  • Drives institutional interest and market optimism.

The first spot ETFs for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) commenced trading on Wall Street on October 28, 2025, marking significant altcoin inclusion.

This introduction of altcoin ETFs could enhance traditional investor access and boost institutional interest, as seen with rising stock market optimism and strong trading volumes.

Altcoin ETFs Debut Boosts Wall Street’s Crypto Integration

The introduction of these ETFs extends market access by providing traditional investors the ability to engage with Solana, Litecoin, and Hedera directly in financial markets. Bitwise Asset Management leads this rollout through its Solana Staking ETF, which features approximately a 7% yield.

Stock market reactions were positive, with the Dow Jones Index rising 287.62 points on the same day. This upward movement underlines the broad investor optimism triggered by these new ETFs, despite the lack of further commentary from major financial leaders.

Multiple new cryptocurrency ETFs made their debut on Wall Street, despite the U.S. government still being in a shutdown, the issuers continued to push for listings.

Solana, Litecoin, and Hedera Gain Ground Among Investors

Did you know? The launch of these altcoin ETFs comes during a U.S. government shutdown, yet they proceed under automatic guidelines, setting a significant precedent in navigating administrative challenges while amplifying investor access.

Solana (SOL) currently trades at $193.96, boasting a market capitalization of 106,617,435,372 and holding a market dominance of 2.81%, according to CoinMarketCap. With a circulating supply exceeding 549 million, the asset’s 24-hour trading volume reflects a 22.61% increase, providing indicators of rising investor interest despite slight price declines in the last 24 hours.

solana-daily-chart-275

Solana(SOL), daily chart, screenshot on CoinMarketCap at 04:00 UTC on October 29, 2025. Source: CoinMarketCap

The Coincu research team suggests that the adoption of these altcoin ETFs potentially accelerates institutional crypto participation. Such financial products might also demand regulatory adaptations as traditional finance embraces digital assets more widely, promoting innovations in blockchain-based solutions.

Source: https://coincu.com/news/wall-street-trades-altcoin-etfs/