Nasdaq launches four new crypto ETFs including Solana, Litecoin, and Hedera

Four new crypto ETFs, including Solana (SOL), Litecoin (LTC), and Hedera (HBAR), were listed on Nasdaq starting Tuesday, signaling an expansion of traditional markets into alternative digital assets.

Bitwise launched BSOL, the first U.S. ETF with direct exposure to Solana, with all assets 100% staked and an estimated annual yield of 7%. Grayscale will convert its existing Solana fund into an ETF starting Wednesday.

Canary Capital listed the Canary Litecoin and Canary HBAR ETFs, providing institutional investors with regulated exposure to these cryptocurrencies. The listings come at a favorable time, even as the SEC operates partially, with new generic listing rules enabling the launches without regulatory delays.

These ETFs simplify staking access for institutional investors without requiring direct crypto management. Following the success of Bitcoin and Ethereum ETFs, these launches demonstrate increasing integration between traditional markets and the crypto ecosystem.