Altcoin ETFs Expected to Launch in US This Week, Signaling Broad Crypto Adoption

This week could see a major milestone for crypto ETFs in the United States as Solana, Litecoin and HBAR-focused funds are poised for launch. Market analysts, including Bloomberg’s Eric Balchunas, predict these funds could become available as early as Tuesday, potentially accelerating broader crypto adoption by expanding beyond Bitcoin and Ethereum. Bitwise leads the charge with a Solana ETF, while Canary Capital is preparing similar offerings for Litecoin and Hedera. Grayscale’s plans to convert its existing Solana Trust into an ETF are also expected. This follows a period of limited regulatory activity at the SEC following the October 1 government shutdown.