What happened?
The SEC approved spot ETFs for Hedera (HBAR), Solana (SOL) and Litecoin (LTC), and Canary Capital’s HBAR and LTC ETFs plus Bitwise’s SOL ETF began trading today on the NYSE. The approvals sparked immediate price action — HBAR jumped about 17% in 24 hours while SOL and LTC also climbed. Attention has shifted to this week’s Fed FOMC meeting and hopes for future rate cuts as investors price in fresh inflows and a post-October consolidation.
Who does this affect?
Retail and institutional investors who want crypto exposure without holding coins directly now have new ETF choices for HBAR, SOL and LTC. The projects and their ecosystems could see more liquidity, developer interest and DeFi activity, especially Solana with its large TVL. Exchanges, market makers and fund managers will also benefit from higher trading volumes and fee flows while traders watch key support and resistance levels.
Why does this matter?
ETF approvals can channel big institutional money into these altcoins, potentially driving strong price rallies — HBAR has room to run, SOL could revisit prior highs or even go much higher in a sustained bull, and LTC could double if a breakout happens. More ETF liquidity tends to reduce barriers for mainstream allocation, improve price discovery and boost credibility for these assets. Paired with a possible Fed rate cut and the recent healthy consolidation, these ETFs could spark a broader altcoin re‑rating and meaningful market rotation toward HBAR, SOL and LTC.