Based on Coindesk, the first U.S. spot ETFs for Solana (SOL), Hedera (HBAR), and Litecoin (LTC) began trading on October 28, 2025. Bloomberg Intelligence analyst James Seyffart estimates that if Solana’s ETF follows the trend of Bitcoin and Ethereum ETFs, it could attract over $3 billion in inflows within 12 to 18 months. Bitwise’s Solana ETF (BSOL) saw $10 million in volume in its first 30 minutes, while Canary Capital’s HBAR and LTC ETFs traded $4 million and $400,000, respectively.
Solana ETFs Could Attract Over $3B in First 18 Months, Says Analyst
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