SOL, LTC, HBAR Spot ETFs Debut on U.S. Exchanges: Bitwise SOL Staking ETF Hits $223M AUM

2025-10-29 08:27:19

SOL, LTC, and HBAR spot ETFs have debuted on U.S. exchanges, marking a milestone for altcoin investment with Bitwise’s SOL staking ETF attracting $223 million in assets and 7% annualized yields.

Debut Details: Bitwise Leads with Staking Innovation

Bitwise’s Solana Staking ETF (BSOL) launched on NYSE Arca, the first U.S. ETP with full spot SOL exposure and 100% staking for rewards. Canary Capital’s Litecoin ETF (LTCC) and Hedera ETF (HBR) debuted on Nasdaq, while Grayscale’s Solana Trust (GSOL) follows on Wednesday. These funds, approved under the Securities Act, offer regulated access without direct ownership, with Bitwise’s 0% fees for the first $1B AUM spurring inflows.

Launch Dates: Bitwise SOL on Tuesday; Canary LTC/HBAR on Tuesday; Grayscale SOL on Wednesday.
AUM Snapshot: Bitwise SOL $223M; Canary LTC/HBAR $4M/$400K initial.
Yield Edge: Bitwise’s 7% staking APY via Helius.

Market Impact: $65M Debut Volume, XRP ETF Hype

Debut volume spiked $65 million across SOL, LTC, and HBAR, with Bitwise SOL at $10 million in 30 minutes. JPMorgan estimates $3-6 billion for SOL ETFs in 18 months, outpacing ETH’s early performance. XRP ETF predictions hit $10 billion inflows, with Canary’s Steven McClurg forecasting $5-10 billion in the first month, driving XRP to $4-$8.

Volume Breakdown: Bitwise SOL $10M; Canary LTC/HBAR $4M/$400K.
XRP Projections: 1-4% supply absorption ($1.8B-$7.2B).
Sentiment: 67% institutional bullishness.

2025 Outlook: $200-$500 SOL Consensus

SOL forecasts $200-$500 by year-end. Changelly $192-$194; CoinDCX $250-$270. Finder $482 on upgrades. For investors, how to buy Solana via compliant platforms ensures entry. How to sell Solana and how to cash out Solana offer liquidity. Sell Solana for cash and convert Solana to cash enable fiat conversions.

Trading Strategy: Breakout Plays

Short-term: Long above $197, stop $185 (4% risk), target $215. Swing: Accumulate dips, staking for 8% APY. Watch ETF volume; below $197, exit.

In summary, SOL, LTC, HBAR ETFs’ debut with $223M Bitwise inflows heralds a bullish 2025 for altcoins.

SOL-0.41%

LTC4.67%

HBAR-1%

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