First Spot ETFs for SOL, LTC, and HBAR Begin Trading on Wall Street

First Spot ETFs for SOL, LTC, and HBAR Begin Trading on Wall Street

The debut of Solana Staking, Hedera, and Litecoin ETFs recorded $65 million first-day volume, with BSOL setting a yearly record for ETF launch trading activity.

SOL
LTC
HBAR

Fact Check
The assessment of the statement as 'likely_true' is based on a chronological analysis of the provided sources, with the most recent and most relevant source being given the most weight. The strongest piece of evidence is the CoinDesk article, which has maximum relevance and high authority. It directly and explicitly confirms that spot ETFs for all three cryptocurrencies—Solana, Litecoin, and Hedera—have been listed on major U.S. exchanges (NYSE and Nasdaq) and that trading was set to begin. This source directly supports every component of the user's statement.While several high-authority sources from the Federal Register and SEC.gov indicate that the Hedera (HBAR) ETF was under a prolonged regulatory review, these documents represent earlier stages in the approval process. For instance, the notice of an extended review period is dated September 10, while the CoinDesk article reporting the successful listing is dated October 27. When viewed chronologically, the official filings describe the regulatory journey, and the subsequent news report announces the final, successful outcome. Therefore, they do not constitute a direct contradiction but rather a sequence of events. Furthermore, the claim is partially corroborated by a Yahoo Finance report announcing the SEC's approval of a Solana spot ETF. While this source doesn't confirm trading has begun or mention the other two assets, it confirms a key prerequisite for the Solana portion of the claim, lending credibility to the overall report from CoinDesk. The remaining sources are either predictive (analyst opinion), general background, or low-authority social media posts, and thus carry less weight than the direct journalistic reporting and official filings. Given the direct confirmation from a reputable, highly relevant, and chronologically final source, the statement is very likely to be true.
    Reference1
Summary

The first U.S. spot ETFs for Solana (SOL), Hedera (HBAR), and Litecoin (LTC) launched on Oct. 28, collectively recording $65 million in first-day trading volume. Bitwise’s Solana Staking ETF (BSOL) contributed $56 million, marking the highest debut trading volume for any ETF this year. Canary Capital launched the Hedera ETF (HBR) and Litecoin ETF (LTCC), which together accounted for $9 million in trading volume.

Terms & Concepts
  • Spot ETF: An exchange-traded fund backed directly by the underlying asset, offering investors exposure to the real-time market price without using derivatives.
  • SOL: The native cryptocurrency of the Solana blockchain, known for its high throughput and low transaction costs.