Wall Street Launches Spot ETFs for Solana, Litecoin, and Hedera

Trading of spot-based Exchange Traded Funds (ETFs) for Solana, Litecoin, and Hedera has commenced on Wall Street. This milestone signifies a significant shift in US regulatory landscape and increases institutional access to alternative digital assets. 2025 saw the official launch through NYSE Arca and Nasdaq as key exchanges. The initial trading volume reached $1.2 billion, exceeding expectations. These ETFs are managed by financial giants like BlackRock, Fidelity, and Bitwise, while Coinbase acts as a custodian for security and compliance. Market analysts anticipate increased investor participation due to heightened institutional interest.