Litecoin, HBAR, Solana ETFs Set to List on Nasdaq

Canary Capital is set to list its Litecoin and HBAR ETFs on Nasdaq on Tuesday, with Grayscale’s Solana Trust ETF following on Wednesday.

These ETF launches highlight growing institutional interest in cryptocurrencies, potentially affecting asset valuations for Litecoin, Hedera Hashgraph, and Solana. Immediate market responses are yet to be seen.

ETFs Set to Increase Visibility and Market Presence

Canary Capital’s ETFs for Litecoin and HBAR are scheduled for Nasdaq debut, following their SEC S-1 amendment filings. Grayscale will introduce its Solana Trust ETF on Wednesday. Both developments signal prominent backing as cryptocurrencies gain regulatory infrastructures.

Immediate implications include increased visibility for LTC, HBAR, and SOL. Market observers expect heightened awareness and potential shifts in asset valuations. Institutional interest may expand as ETFs provide a regulated entry point for cryptocurrency investments.

Market reactions have been nominal due to absence of public statements from Canary, Grayscale, or significant key opinion leaders. As of October 28, 2025, there are no specific quotes from key players or executives regarding the launches of the Litecoin ETF, HBAR ETF, or Grayscale’s Solana Trust ETF. The information available primarily consists of S-1 amendment filings and regulatory confirmations rather than direct commentary or statements from executives, major cryptocurrency figures, or regulatory bodies.

Historical Context and Expert Views on Crypto Adoption

Did you know? The launch of these ETFs reflects a pattern set by Bitcoin ETFs in 2024, which facilitated significant capital inflows, marking evolution in institutional acceptance of cryptocurrencies.

Litecoin (LTC) currently trades at $99.37, with a market cap of $7.60 billion and a trading volume surge of 65.98%, according to CoinMarketCap. Despite a modest 5.64% gain over the past week, LTC’s price trends show fluctuations over longer periods, exhibiting an 8.44% decline over 90 days.

Insights from Coincu’s research indicate that these ETF listings might remain pivotal for introducing greater liquidity to the market. Regulatory hurdles are bypassed as mechanisms align with existing structures, potentially fostering incremental adoption within traditional investment landscapes.