NYSE lists Solana (Sol), Hedera (HBAR), Litecoin (LTC) Spot Crypto ETF for trading this week
The New York Stock Exchange (NYSE) posted listing notices on Monday for four new cryptocurrency exchange-traded funds (ETFs), which will begin trading as soon as Tuesday.
The filings include Bitwise Solana Fund, Canary Capital Litecoin and HBAR Fund and the Grayscale Solana Trust – the latter of which is set to launch Wednesday.
The move surprised many in the market, as ETF issuers were not expecting any decisions from the Securities and Exchange Commission (SEC) on the ongoing US government shutdown. The agency is operating with a reduced staff, like the rest of the federal government — anyone not considered essential is furloughed, and essential employees are working without pay for the duration of the shutdown.
These ETFs faced final decision deadlines earlier this month, but the shutdown pushed the process forward. The sudden appearance of listing notices suggests that issuers are launching funds under newly developed listing standards or taking advantage of other mechanisms that similarly allow issuers to go live with products without seeking SEC approval.
Spot ETFs allow investors to gain exposure to the underlying digital assets without directly holding them. These ETFs were the first to launch for new crypto assets after the approval of the bitcoin space and ether ETFs in 2024. Some of these funds will also include a staking feature.
Several other issuers have applied to launch similar products tied to Solana and other digital assets, both on the NYSE and rival exchanges such as NASDAQ and CBOE. When those funds will be approved remains unclear, especially if the shutdown continues.
Update (October 27, 2025, 20:17 UTC): Modified third-to-last-graf for clarity.
