Overview
- Bitwise’s Solana Staking ETF (BSOL) launched Oct. 28 on the NYSE, offering 100% spot SOL exposure plus on-chain staking with a 0.20% fee initially waived.
- Canary Capital’s first-of-their-kind spot ETFs for Litecoin (LTCC) and Hedera (HBR) began trading Oct. 28 on Nasdaq after going effective.
- Listings proceeded under the SEC’s new generic listing standards, pairing Form 8-A registrations with S-1 language that allowed effectiveness after 20 days without staff action.
- Early trading showed brisk interest, with BSOL handling about $10 million in its first 30 minutes, versus roughly $4 million for HBR and $400,000 for LTCC, according to analyst Eric Balchunas.
- Grayscale’s Solana trust conversion to an ETF (GSOL) is expected to list next, with analysts pointing to a Wednesday, Oct. 29 debut following exchange notices.