TLDR Several crypto ETFs, including those tracking Litecoin, HBAR, and Solana, are set to launch this week despite the U.S. government shutdown. Canary Capital has filed Form 8-A for its Litecoin and HBAR ETFs, advancing its launch plans. Grayscale’s Solana Trust ETF is also on track to launch, offering investors exposure to Solana despite the [...] The post Crypto ETFs for Litecoin, HBAR, and Solana Set to Launch Amid Shutdown appeared first on Blockonomi.TLDR Several crypto ETFs, including those tracking Litecoin, HBAR, and Solana, are set to launch this week despite the U.S. government shutdown. Canary Capital has filed Form 8-A for its Litecoin and HBAR ETFs, advancing its launch plans. Grayscale’s Solana Trust ETF is also on track to launch, offering investors exposure to Solana despite the [...] The post Crypto ETFs for Litecoin, HBAR, and Solana Set to Launch Amid Shutdown appeared first on Blockonomi.

Crypto ETFs for Litecoin, HBAR, and Solana Set to Launch Amid Shutdown

TLDR

  • Several crypto ETFs, including those tracking Litecoin, HBAR, and Solana, are set to launch this week despite the U.S. government shutdown.
  • Canary Capital has filed Form 8-A for its Litecoin and HBAR ETFs, advancing its launch plans.
  • Grayscale’s Solana Trust ETF is also on track to launch, offering investors exposure to Solana despite the shutdown.
  • The SEC’s recent guidance allows firms to proceed with their filings without a delaying amendment, enabling the launches.
  • The SEC’s approval of new listing standards for crypto ETFs is helping firms like Canary Capital and Grayscale expedite their launches.

Several crypto ETFs are set to launch this week, despite the ongoing U.S. government shutdown. These include the Canary Litecoin ETF, Canary HBAR ETF, and Grayscale Solana Trust ETF. Industry insiders have confirmed the planned launches to The Block. This follows new guidance from the SEC regarding public offerings and S-1 filings.

Canary Litecoin ETF and HBAR ETF Move Forward

Canary Capital is moving forward with its Litecoin and HBAR ETFs, according to filings from Monday. The firm submitted Form 8-A filings, which are essential for listing these funds on exchanges. The filings incorporate the SEC’s S-1 registration process, marking significant progress in launching the ETFs.

The Canary Litecoin ETF will track the price of Litecoin, while the HBAR ETF will focus on Hedera’s HBAR token. Both ETFs aim to offer investors more options to gain exposure to these assets. Despite the government shutdown, these products will continue to move forward without further delays.

Insiders suggest that the SEC’s recent guidance influenced the decision to launch the ETFs. The SEC clarified that firms can file S-1 registration statements without a delaying amendment. This allows firms to move forward with their plans, as long as the S-1 filing is finalized and without changes.

Crypto ETFs Face Delays Despite SEC Approval

Grayscale also plans to launch its Solana ETF this week. A post by Kyle Samani of Multicoin Capital confirmed the launch, though it was later deleted. The Grayscale Solana Trust ETF is designed to track the performance of Solana (SOL), a popular cryptocurrency.

Despite the uncertainty caused by the government shutdown, Grayscale remains confident about the approval of its product. The ETF provides an alternative way for investors to gain exposure to Solana. While the SEC has approved the listing standards for several crypto ETFs, the shutdown still presents some challenges.

The SEC’s decision to approve new listing standards for crypto ETFs is likely to expedite the approval process. As a result, firms like Grayscale can bypass the lengthy 19b-4 process. This will allow them to list their funds on exchanges with minimal delays, even during the shutdown.

While the launch of these crypto ETFs is proceeding, not all funds are moving forward at the same pace. Some firms may face delays due to the shutdown and the SEC’s reduced staff. However, insiders remain optimistic about the future of crypto ETFs.

The post Crypto ETFs for Litecoin, HBAR, and Solana Set to Launch Amid Shutdown appeared first on Blockonomi.

Market Opportunity
Hedera Logo
Hedera Price(HBAR)
$0.11125
$0.11125$0.11125
+0.29%
USD
Hedera (HBAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unlocking Opportunities: Coinbase Derivative Blends Crypto ETFs and Tech Giants

Unlocking Opportunities: Coinbase Derivative Blends Crypto ETFs and Tech Giants

BitcoinWorld Unlocking Opportunities: Coinbase Derivative Blends Crypto ETFs and Tech Giants The financial world is constantly evolving, and a groundbreaking development has just arrived for investors seeking diversified exposure. Coinbase, a leading cryptocurrency exchange, has introduced an innovative Coinbase derivative product that’s poised to redefine investment strategies. This new offering uniquely combines crypto exchange-traded funds (ETFs) with the stability and growth potential of major U.S. technology stocks. What is This Revolutionary Coinbase Derivative? Coinbase’s latest financial innovation is a derivative product designed to track the performance of two powerful market segments. It’s a game-changer because it offers something unprecedented in the U.S. market. It tracks the “Magnificent Seven,” a group of seven dominant U.S. tech companies known for their significant market influence. It also includes BlackRock’s spot Bitcoin and Ethereum ETFs, providing direct exposure to the two largest cryptocurrencies. Additionally, Coinbase’s own stock is part of this unique blend, adding another layer of exposure to the crypto ecosystem. This Coinbase derivative marks the first time a U.S.-listed product has offered direct spot exposure to both cryptocurrencies and major equities in a single package. This simplifies investment, bridging traditional finance and digital assets. Bridging the Gap: Benefits for Investors with Coinbase Derivative This new Coinbase derivative offers several compelling advantages for both seasoned and new investors looking to diversify their portfolios efficiently. Simplified Diversification: Instead of managing separate investments, investors gain exposure to both through a single product, streamlining the process. Enhanced Accessibility: For those hesitant to directly invest in cryptocurrencies, this derivative provides a regulated and more familiar pathway through an established exchange. Potential for Growth: By combining high-growth tech companies with the dynamic potential of cryptocurrencies, the product aims to capture upside from both sectors. Innovation in Finance: It integrates digital assets into mainstream financial products, reflecting evolving global markets. This product caters to a growing demand for integrated investment solutions that reflect the interconnectedness of today’s financial world. Understanding the Components: Tech Giants and Crypto ETFs in the Coinbase Derivative To appreciate this Coinbase derivative, understanding its core components is essential. The “Magnificent Seven” refers to tech powerhouses driving significant market growth. On the cryptocurrency side, BlackRock’s spot Bitcoin and Ethereum ETFs are crucial. These ETFs allow investors to gain exposure to the price movements of Bitcoin and Ethereum without directly owning the underlying digital assets. This eliminates some complexities associated with crypto custody and security. The inclusion of Coinbase’s own stock further aligns the derivative with the crypto industry’s performance. This combination provides a balanced, dynamic investment profile, capturing modern market trends. Navigating the Future: Challenges and Considerations for the Coinbase Derivative While the Coinbase derivative presents exciting opportunities, investors should also be aware of potential challenges and considerations. All investments carry risks. Market Volatility: Cryptocurrencies are known for their price fluctuations, which can impact the derivative’s performance. Even large-cap tech stocks can experience significant swings. Regulatory Landscape: The regulatory environment for cryptocurrencies is still evolving. Changes could influence the value and availability of such products. Concentration Risk: While diversified across two asset classes, the product is still concentrated in specific tech companies and two main cryptocurrencies. Understanding these factors is crucial for informed decisions. Thorough research and considering risk tolerance are paramount before engaging. Coinbase’s introduction of this unique derivative product marks a significant milestone in the financial industry. By ingeniously blending the world of leading technology stocks with the dynamic growth of spot crypto ETFs, it offers investors an unprecedented avenue for diversified exposure. This move not only simplifies access to complex markets but also underscores the growing convergence of traditional finance and digital assets. It’s an exciting time to witness such innovation, providing new tools for portfolio expansion and risk management in an ever-changing economic landscape. Frequently Asked Questions About the Coinbase Derivative Here are some common questions about this new investment product: Q1: What exactly is the Coinbase derivative? A1: It’s a new financial product launched by Coinbase that tracks the performance of both major U.S. technology stocks (the Magnificent Seven) and spot Bitcoin and Ethereum ETFs, along with Coinbase’s own stock. Q2: Why is this derivative considered unique? A2: It’s the first U.S.-listed derivative to offer direct spot exposure to both cryptocurrencies and major equities within a single product, simplifying diversification for investors. Q3: Which specific tech companies are included in the “Magnificent Seven”? A3: While the exact composition can vary slightly depending on the index, it generally refers to leading U.S. tech giants like Apple, Microsoft, Amazon, Google (Alphabet), Meta, Nvidia, and Tesla. Q4: How does this product provide exposure to cryptocurrencies? A4: It achieves this through BlackRock’s spot Bitcoin and Ethereum ETFs, which allow investors to gain exposure to the price movements of these cryptocurrencies without directly holding the digital assets themselves. Q5: What are the main benefits of investing in this Coinbase derivative? A5: Key benefits include simplified diversification across tech and crypto, enhanced accessibility to digital assets, and the potential for growth from two dynamic market sectors. What are your thoughts on this innovative blend of crypto and tech? Share this article with your network and join the conversation about the future of diversified investing! To learn more about the latest explore our article on key developments shaping crypto market institutional adoption. This post Unlocking Opportunities: Coinbase Derivative Blends Crypto ETFs and Tech Giants first appeared on BitcoinWorld.
Share
Coinstats2025/09/23 05:10
Crossmint Partners with MoneyGram for USDC Remittances in Colombia

Crossmint Partners with MoneyGram for USDC Remittances in Colombia

TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
Why Peter Brandt Says The US Crypto Bill Won’t Be A Game-Changer

Why Peter Brandt Says The US Crypto Bill Won’t Be A Game-Changer

The post Why Peter Brandt Says The US Crypto Bill Won’t Be A Game-Changer appeared on BitcoinEthereumNews.com. Will a landmark US crypto bill send Bitcoin soaring
Share
BitcoinEthereumNews2025/12/20 08:21