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Bitwise, Canary Capital to Launch US Altcoin ETF Amid Ongoing Shutdown

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Canary Capital is planning to introduce the first U.S. exchange-traded products (ETPs) linked to Hedera and Litecoin, according to a statement the firm shared with Reuters. The move comes even as a partial government shutdown continues to slow operations at the Securities and Exchange Commission (SEC).

Grayscale Investments is also expected to launch its own Solana-based ETF, known as GSOL. These developments are likely to be welcomed by enterprises like Bullish (NYSE: BLSH) and other crypto industry actors as the debut of new innovative products on the market widens the reach of…

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