Altcoin ETFs
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X @BSCN
BSCN· 2025-11-01 22:30
Altcoin ETFs - New Altcoin ETFs are arriving, indicating a potential shift in investment products within the cryptocurrency market [1] - The ETFs involve Litecoin, Hedera, and Solana, suggesting these altcoins are gaining traction and institutional interest [1] Community Impact - The arrival of these ETFs is expected to be an exciting development for the Litecoin, Hedera, and Solana communities [1]
X @CoinMarketCap
CoinMarketCap· 2025-10-29 16:00
🚨 CMC News: BlackRock's $28B Dominance Spells Trouble for Altcoin ETFs.https://t.co/K4OIagTqMk ...
Canary's Spot HBAR and Litecoin ETFs Debuts to Silence as Investors Stay on the Sidelines
Yahoo Finance· 2025-10-29 09:17
Core Insights - The launch of two new altcoin-based spot ETFs, Hedera (HBAR) and Litecoin (LTC), on Nasdaq was met with no investor interest, recording zero net inflows on their first trading day [1][3]. Group 1: ETF Launch Details - The new ETFs, listed under tickers LTCC (Litecoin) and HBR (HBAR), are the first of their kind in the U.S., expanding the ETF market beyond Bitcoin and Ethereum [3]. - On their debut, the Litecoin ETF had approximately $1 million in trading volume, while the HBAR ETF saw about $8 million in trading volume, but neither experienced any inflows or outflows [3][6]. Group 2: Market Context - The muted debut is attributed to ongoing volatility and uncertainty due to recent delays in SEC decisions amid the U.S. government shutdown, which has affected trading activity in the altcoin market [4][5]. - Altcoin prices have been under pressure, with Litecoin down 2.8% and HBAR trading flat post-launch, reflecting a broader market caution [5][6]. Group 3: Market Dynamics - The lack of enthusiasm for the new altcoin ETFs highlights a growing divide between major cryptocurrencies like Bitcoin and Ethereum, which continue to dominate ETF flows, and smaller-cap altcoins that struggle to gain traction [7]. - Despite the slow start, the introduction of HBAR and Litecoin ETFs marks a significant development in the evolving crypto ETF landscape [8].
What Is the Fate of Altcoin ETFs Without BlackRock Presence?
Yahoo Finance· 2025-10-28 15:49
Group 1 - Bitcoin Exchange Traded Funds (ETFs) have recorded net inflows of $26.9 billion in 2023, with BlackRock contributing $28.1 billion, indicating its dominance in the market [1][2] - Without BlackRock's involvement, Bitcoin ETF flows would have been negative, highlighting the firm's significant impact on the sector [2] - BlackRock has opted not to participate in the current altcoin ETF wave, raising questions about the future of these funds without its backing [2][3] Group 2 - Several asset managers, including 21Shares, Canary Capital, and Fidelity, have filed for altcoin ETFs with the SEC, while BlackRock has not pursued similar filings [3] - The altcoin ETFs are awaiting SEC approval, with VanEck filing for the Lido Staked Ethereum ETF and Bitwise Asset Management submitting an S-1 for a Chainlink ETF [4][5] - The altcoin ETFs are designed to utilize standard creation and redemption mechanisms, with a focus on processing both in-kind and cash transactions [5]
