Altcoin ETFs Take Off in the US: Billions Expected in Institutional Flows

The U.S. cryptocurrency market witnessed a landmark development as altcoin-focused exchange-traded funds (ETFs) launched, attracting significant interest from institutional investors. Leading asset managers like Bitwise, Canary Finance, and Grayscale are driving this trend, offering ETFs for Solana (SOL), Litecoin (LTC), Hedera (HBAR), and XRP to the market. This move marks a crucial step towards mainstream adoption and increased institutional investment in these assets.