Altcoin ETFs Surge Despite SEC Shutdown; Canary, Bitwise & Grayscale Launch

Despite the ongoing U.S. government shutdown, cryptocurrency ETF launches are continuing. Companies like Canary Capital, Bitwise Asset Management, and Grayscale Investments have bypassed regulatory delays by utilizing automatic effectiveness clauses in their S-1 filings to list their altcoin ETFs without direct SEC intervention. Their upcoming releases include Litecoin (LTC) from Canary Capital, Solana (SOL) from Bitwise, and GSOL trust conversion from Grayscale on Nasdaq, NYSE today. These launches signify a shift toward regulated altcoin exposure for institutional investors.