Nasdaq, NYSE Approve Listing of Solana, Hedera, and Litecoin Spot ETFs for This Week’s Launch

NYSE, Nasdaq Advance With Spot Crypto ETF Listings Amid Ongoing Shutdown

The New York Stock Exchange (NYSE) and Nasdaq are set to begin trading four new spot cryptocurrency exchange-traded funds (ETFs) this week, signaling regulatory momentum despite the ongoing U.S. government shutdown.

Listing notices filed Monday cover the Bitwise Solana Fund, Canary Capital Litecoin and HBAR Fund, and Grayscale Solana Trust, with launches expected as early as Tuesday and Wednesday.

The timing surprised market participants, as ETF issuers had anticipated no movement from the Securities and Exchange Commission (SEC) during the shutdown. With most federal agencies operating on limited staff, the SEC had been expected to delay all pending approvals.

These funds, delayed earlier in the month, appear to be proceeding under generic listing standards that allow exchanges to introduce certain digital asset ETFs without direct SEC authorization.

The new spot ETFs will give investors direct price exposure to Solana (SOL), Litecoin (LTC), and Hedera (HBAR), marking the first wave of launches since the introduction of Bitcoin (BTC) and Ether (ETH) spot ETFs in 2024. Some will also feature staking options for additional yield.

More applications tied to Solana and other assets remain under review by the SEC, though further approvals may be delayed if the shutdown continues.