Canary Capital's Litecoin Spot ETF
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Solana Slips Even As Spot ETF Posts Strong Volume On First Day: Litecoin, HBAR Fail To Impress Wall Street
Benzingaยท 2025-10-29 03:50
Core Insights - The debut of spot exchange-traded funds (ETFs) for Hedera, Solana, and Litecoin on Wall Street did not generate the expected momentum, leading to declines in their respective prices [1][2]. Cryptocurrency Performance - Solana (SOL) experienced a decline of over 3%, with a trading volume increase of 25%, closing at $194.63 [2][3]. - Litecoin (LTC) fell by 2.85%, closing at $96.93 [2][3]. - Hedera (HBAR) saw a decrease of 1.04%, with a closing price of $0.1938 [2][3]. ETF Trading Volume - The Bitwise Solana Staking ETF (NYSE:BSOL) recorded a trading volume of $56 million on its first day, marking the highest volume for 2025 [4]. - The Canary HBAR ETF (NASDAQ:HBAR) and Canary Capital's Litecoin Spot ETF (NASDAQ:LTCC) had significantly lower trading volumes of $8 million and $1 million, respectively [5]. After-Hours Performance - The Litecoin ETF fell by 1.57% in after-hours trading after a 4.78% decline during regular trading, closing at $24.13 [5][6]. - The HBAR ETF decreased by 1.19% in after-hours trading, following a 5.70% drop to $27.09 during regular trading [5][6]. - The Bitwise SOL ETF rose by 0.08% in after-hours trading after a 3.58% dip during regular trading hours [6].