Litecoin Takes the Spotlight as Wall Street Accelerates Altcoin ETF Listings

Altcoins

Litecoin Takes the Spotlight as Wall Street Accelerates Altcoin ETF Listings

Institutional capital is beginning to expand beyond Bitcoin and Ethereum, as Wall Street quietly opens its doors to a wider range of digital assets.

Key Takeaways:

  • New altcoin ETFs are rolling out fast in the U.S., including Solana, Litecoin and Hedera.
  • Litecoin trades near $95 with neutral momentum and a tight $88–$105 range.
  • Dogecoin’s first U.S. ETF is expected to launch on November 24.

The final week of October marked a turning point: Solana, Litecoin, and Hedera ETFs officially entered the U.S. market, giving traditional investors access to altcoins without direct crypto custody.

Two of the debut products — Canary Capital’s LTCC (Litecoin) and HBR (Hedera) — became the first ETFs to track the spot prices of their respective networks. They were joined by the Bitwise Solana Staking ETF (BSOL), which immediately drew attention thanks to Solana’s ongoing presence among the top-performing blockchains of 2024–2025.

Momentum carried into November with another significant milestone, as the first U.S. XRP ETF arrived shortly after. What once seemed unlikely — regulatory approval for altcoin-focused ETFs — is now unfolding rapidly.

ETF Filings Accelerate After Shutdown Ends

The reopening of the U.S. federal government has triggered a flood of ETF applications and approvals that were previously stalled. According to Bloomberg analyst Eric Balchunas, more listings are already lined up, with issuers positioning aggressively to secure early market share.

Balchunas expects two Solana ETFs to go live on November 19:

  • Canary SOL Spot ETF (SOLC)
  • Fidelity Solana ETF (FSOL) – reportedly launching with a 0.25% fee

Fidelity’s arrival is particularly impactful because it becomes the largest asset manager operating in the Solana ETF segment, a space where BlackRock has not yet entered. At the same time, VanEck’s Solana ETF (VSOL) began trading this week, while Bitwise’s VSOL has already amassed roughly $450 million, leading the category in total assets.

Litecoin Price Attempts To Stabilize Near $95

Litecoin is trading near $95 after reclaiming support from its recent pullback toward the $90 region. The chart shows continued consolidation between $88 and $105, a range that has contained price movements for months. Buyers repeatedly defended the lower boundary, hinting at strong demand beneath $90, while sellers continue to reappear in the low-$100 area.

The RSI near 47 signals balanced momentum rather than trend aggression from bulls or bears, and the flat MACD lines reinforce the current sideways structure. If LTC breaks above $105, the chart opens room for a move toward $120, while losing $88 could put $80 in play as the next support.

The Countdown Begins For Dogecoin ETF

With XRP already trading and multiple Solana ETFs launching this week, the next asset in line is Dogecoin — and the timing is now widely watched. Based on regulatory filings, Balchunas expects the Grayscale Dogecoin ETF to launch on November 24 unless the SEC intervenes before the deadline.

Rather than creating a new ETF from scratch, the fund will be formed by converting the Grayscale Dogecoin Trust into a fully tradable ETF and listing it on the New York Stock Exchange. If the timeline holds, Dogecoin will become the first memecoin in U.S. ETF history with direct asset exposure, marking another milestone in the expansion of regulated crypto investment products.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/litecoin-takes-the-spotlight-as-wall-street-accelerates-altcoin-etf-listings/