Crypto News

The post Bitwise slated to launch milestone US solana ETF Tuesday appeared on BitcoinEthereumNews.com. Bitwise’s proposed solana ETF is set to go live on the NYSE Arca Tuesday — marking the latest milestone in a pivotal year for crypto.  The firm revealed the upcoming launch Monday evening, calling its Solana Staking ETF (BSOL) the “first US ETP to have 100% direct exposure to spot SOL.” Staking of the product’s SOL will be powered by Helius, Bitwise said. Source: X The announcement came just hours after Bitwise wrote “Big week incoming” in an X post, fueling speculation of ETF developments. A NYSE letter, dated Monday, noted the exchange “certifies its approval for listing and registration” of the product.   Proposed Canary Capital ETFs that hold hedera (HBAR) and litecoin (LTC) also “went effective” Monday, Canary CEO Steven McClurg told me in an email. The plan is for those to begin trading on the Nasdaq tomorrow morning, he added. The imminent product debuts follows the launch of US bitcoin and ether ETFs in January 2024 and July 2024, respectively.  Issuers had been working with the SEC’s Division of Corporation Finance in recent months to finalize S-1 registration statements tied to solana product proposals. Though progress was slowed amid the ongoing US government shutdown, discussions with the regulator did not halt completely.  The greenlight from the SEC to launch these ETFs comes after the agency last month finalized generic listings standards for exchange-traded products that hold spot commodities. Read more: Crypto ETF swell approaching after Grayscale’s latest launch The standards essentially streamline an ETF’s approval so long as the underlying holdings meet certain requirements — like having futures trading on CFTC-regulated venues for six-plus months. Bitwise CIO Matt Hougan told Blockworks last month that new crypto ETPs could launch by Halloween. Hougan wrote in a September memo that Solana’s promoters argue it’s “the only blockchain fast enough to…

The post Canary Capital’s CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow appeared on BitcoinEthereumNews.com. After months of growing uncertainty and anticipation, the debut of exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is set to commence tomorrow, as confirmed by Canary Capital’s CEO Steven McClurg on Monday. Hedera And Litecoin ETF Launches Imminent Crypto reporter Eleanor Terret shared the news on X (formerly Twitter), revealing that the ETF launches for Litecoin and Hedera are imminent, with a statement from McClurg underscoring the excitement for the upcoming launch. Notably, the New York Stock Exchange (NYSE) has also made significant moves in the ETF sector by certifying 8-A filings and issuing listing notices for Bitwise Invest’s spot Solana (SOL) ETF launch tomorrow and Grayscale’s GSOL conversion slated for Wednesday. Despite the ongoing government shutdown, these ETF debuts are proceeding smoothly, Terret confirmed. The legal processes behind ETF launches, including the crucial 8-A filings, have been completed successfully, paving the way for the launch of these investment vehicles. ETF Listings Confirmed Addressing concerns about Securities and Exchange Commission (SEC) approval during the shutdown, a key detail emerged: the issuers strategically included provisions in their amended S-1 filings, enabling automatic effectiveness 20 days post-filing. This ensures a seamless transition to trading without manual SEC approval. Bloomberg’s ETF expert, Eric Balchunas, further corroborated this development on social media, confirming the listing notices for Bitwise, Canary, to launch imminently, with grayscale Solana’s conversion scheduled shortly after. Balchunas stated, “Assuming there’s not some last min SEC intervention, looks like this is happening.” The news has sparked a recovery in HBAR and LTC prices. Litecoin has regained the key $100 mark with a 2% surge in the 24-hour time frame, while Hedera has seen similar gains of 2.1% during the same period.  Featured image from DALL-E, chart from TradingView.com  Source: https://www.newsbtc.com/breaking-news-ticker/canary-capitals-ceo-confirms-spot-hedera-and-litecoin-etfs-will-begin-trading-tomorrow/

The post Multicoin Capital Partner Deletes Solana ETF Tweet appeared on BitcoinEthereumNews.com. Key Points: Kyle Samani deletes tweet on Solana ETF, no explanation given. Solana ETF listings remain unconfirmed by any official sources. No significant market changes detected following the incident. Multicoin Capital’s Kyle Samani deleted a tweet about Bitwise SOL Staking ETF’s October 28 listing without explanation, as confirmed on October 28 by BlockBeats News. The deletion raises questions about Bitwise’s Solana ETF prospects, though no market shifts or official statements have emerged, leaving industry speculation unchanged. Solana ETF Tweet Sparks Investor Concerns Kyle Samani deleted his tweet regarding the “Bitwise SOL Staking ETF to be listed on October 28th” without providing a reason. Multicoin Capital and Bitwise have not commented on this action, leaving the matter unresolved. The deleted tweet has sparked uncertainty among investors interested in Solana ETFs. Although Solana remains in high demand among institutions, the unexpected silence could influence future investment strategies. No public explanation for the deletion has been provided on his official Twitter account, Multicoin’s website, or any other primary channel. — Kyle Samani The broader crypto community has largely remained silent, with no major figures or organizations issuing public reactions. Without new information, the market response has been minimal, displaying stability amid the uncertainty. Solana Market Holds Steady Amidst ETF Speculation Did you know? Crypto markets have experienced volatility with false or prematurely announced ETF listings in the past, including Bitcoin and Ethereum, impacting short-term price dynamics while long-term trends remained stable. According to CoinMarketCap, Solana’s price currently stands at $202.57, with a market cap of $111.33 billion, accounting for 2.85% of market dominance. The trading volume over 24 hours reached $6.64 billion with a 68.72% change, and its circulating supply is 549.58 million. Solana(SOL), daily chart, screenshot on CoinMarketCap at 17:01 UTC on October 27, 2025. Source: CoinMarketCap The Coincu research team suggests…

The post Bitwise SOL Staking ETF Debuts October 28 appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with anticipation as a significant development is on the horizon. Investors are eagerly awaiting the launch of the Bitwise SOL Staking ETF, a groundbreaking product set to redefine how institutions and individuals engage with Solana’s robust ecosystem. This highly anticipated fund, as confirmed by Kyle Samani, a managing partner at Multicoin Capital, is scheduled to go live on October 28. This move marks a pivotal moment for Solana and the broader digital asset investment landscape. What is the Bitwise SOL Staking ETF and Why Does it Matter? An Exchange-Traded Fund (ETF) is an investment fund traded on stock exchanges, much like stocks. A staking ETF takes this concept a step further by holding a cryptocurrency asset that actively participates in ‘staking’ – a process fundamental to many proof-of-stake blockchains like Solana. Staking involves locking up crypto assets to support the network’s operations and security, in return for rewards. The Bitwise SOL Staking ETF is designed to offer investors exposure to Solana (SOL) while also benefiting from the staking rewards generated by the underlying SOL holdings. This structure provides a regulated and accessible pathway for traditional investors to tap into the yield-generating potential of decentralized finance without directly managing the complexities of staking themselves. This innovative approach could unlock substantial capital for the Solana network. How Does This Launch Benefit Investors and the Solana Ecosystem? The introduction of the Bitwise SOL Staking ETF brings several compelling advantages. For investors, it offers a regulated and familiar investment vehicle, making it easier to gain exposure to Solana and its staking rewards through traditional brokerage accounts. This removes many of the technical hurdles associated with direct crypto ownership and staking, such as setting up wallets, understanding validator nodes, or managing private keys. Accessibility: Broadens the investor base beyond crypto-native…

Reliance Global Group adds Solana to diversify its financial holdings. The company’s crypto portfolio includes exposure to Bitcoin, Ethereum, XRP and Cardano. Investing in Solana allows Reliance to proactively embrace blockchain innovation. Reliance Global Group Inc. (NASDAQ: RELI) has expanded its cryptocurrency portfolio with the addition of Solana (SOL), marking another step in its ongoing […] The post Solana boost as Reliance adds SOL to treasury holdings appeared first on CoinJournal.

This follows earlier SEC guidance allowing firms to go public by filing an S-1 without a delaying amendment, enabling a launch after 20 days.

The post Spot XRP, Solana, and Litecoin ETFs may launch in next two weeks, expert speculates appeared on BitcoinEthereumNews.com. Key Takeaways Spot ETF filings for XRP, SOL, and LTC may be approved once the US government shutdown is resolved. The SEC has acknowledged spot ETF filings for XRP from firms like Bitwise, 21Shares, and CoinShares, suggesting imminent decisions. Spot exchange-traded funds tied to XRP, Solana (SOL), and Litecoin (LTC) may launch within the next two weeks, ETF Store President Nate Geraci speculated. According to Geraci’s recent post, the only remaining obstacle to launching spot crypto ETFs is the US government shutdown, which, once resolved, could clear the way for swift approval. The SEC has acknowledged recent spot ETF filings for XRP from firms like Bitwise, signaling ongoing reviews that could enable US market launches. Spot ETF applications for XRP from entities like 21Shares and CoinShares have reached final SEC deadlines, paving the way for potential approvals and institutional adoption. A spot Solana ETF has already launched in the US under a ’40 Act structure by REX-Osprey, incorporating staking for on-chain yield to attract investors. The product demonstrates how newer crypto ETFs are integrating innovative features beyond simple price exposure. The potential crypto ETF launch would represent the latest wave of spot ETF applications following the success of Bitcoin and Ethereum products. These exchange-traded funds provide direct exposure to cryptocurrencies without futures contracts, offering institutional investors regulated access to digital assets. Source: https://cryptobriefing.com/spot-etf-xrp-sol-ltc-launch-two-weeks/

The new Solana ETF will begin trading, differing from conventional ETFs. Approval is not required from the SEC, simplifying the listing process. Continue Reading:New SOL ETF Begins Trading: What’s Different This Time? The post New SOL ETF Begins Trading: What’s Different This Time? appeared first on COINTURK NEWS.

The post ‘No reason HYPE cannot flip SOL’ – Math says no, UNLESS… appeared on BitcoinEthereumNews.com. Key Takeaways Why are some analysts confident HYPE could flip SOL? Equity perps narrative and increasing avenues for HYPE markets like Robinhood. Is flipping possible in the short term? Per Polymarket, HYPE could struggle to surpass SOL in 2025 in market cap. Blockchains are racing to lead “Internet capital markets” or bridge TradFi offerings like equity trading. Solana [SOL] had a head start with on-chain stocks, also known as “tokenized stocks.”  But the leveraged version of on-chain stocks or equity perps is picking up steam, too. And Hyperliquid [HYPE] is building a moat in the segment, according to experts.  Through its recently released HIP-3, builder-deployed perps, now on-chain traders can easily trade Tesla, Nvidia, and Gold, for starters, with a 10X-20X leverage. The coverage will expand with time.   Source: Hyperliquid DEX Hyperliquid’s version of the Nasdaq index, XYZ100, debuted a few days ago and was doing $55 million in volume as of writing. According to Daniel Cheung, Co-Founder of VC Syncracy Capital, the traction could help HYPE flip SOL. “HYPE is now undeniably becoming one of the most important projects in crypto. No reason HYPE cannot flip SOL.” Can HYPE flip SOL in FDV? At press time, Solana’s FDV stood at $125 billion, with each token priced at $204. Hyperliquid’s FDV was around $48 billion, trading near $48 per token—roughly a 4x gap. The highest HYPE could climb in 2025 would be $70 or $100. Polymarket placed a 39% and 16% chance for the two targets before 2026, respectively. Assuming SOL’s value remains constant, a HYPE price surge to $70 or $100 would mean a $70 billion or $100 billion FDV. Based on this alone, it won’t be enough for HYPE to flip SOL’s $125 billion value, at least in the short term.  Derivatives data reveal rising speculative interest In…

Momentum seems to be back for top 10 altcoins like Solana and XRP. Namely, both recently reclaimed key levels and now are seemingly continuing into sustained rallies. And even though this is a positive change for them, a newcomer called Digitap ($TAP) might potentially outperform both soon with a massive 10,000% breakout. Currently in presale, [...] The post Solana ($SOL) and XRP Reclaim Key Levels, But Digitap ($TAP) is Quietly Preparing for a 10,000% Breakout appeared first on Blockonomi.