At the end of October, a US debut occurred, with Solana (SOL), Litecoin (LTC), and Hedera (HBAR) ETFs starting trading on Wall Street.
Canary Capital’s Canary Litecoin ETF (symbol LTCC) and Canary HBAR ETF (HBR) have launched alongside the Bitwise Solana Staking ETF (BSOL), becoming the first funds to track the spot price of Litecoin and Hedera.
Following these ETFs, the first US XRP ETF was also launched in November.
Altcoin ETF approvals are expected to increase as the US government shutdown ends. Bloomberg analyst Eric Balchunas stated that new ETFs will be launched.
Accordingly, Balchunas noted that the Canary SOL spot ETF (SOLC) is expected to launch tomorrow (November 19).
The analyst also noted that the Fidelity Solana ETF, FSOL, will launch tomorrow. The Fidelity ETF is expected to launch with a 25 basis point fee.
Balchunas added that Fidelity is the largest asset manager in the Solana ETF category, which BlackRock does not participate in.
Noting that the VanEck Solana ETF (VSOL) also started trading on Monday, the analyst said that Bitwise’s VSOL fund ranked first with a size of approximately $450 million.
Fidelity Solana ETF $FSOL is slated to launch TOMORROW. Fee is 25bps. Easily the biggest asset manager in this category with BlackRock sitting out. $BSOL got out first, has $450m, $VSOL launched today, Grayscale is in mix. Game on. pic.twitter.com/iCXMkAH9qe
— Eric Balchunas (@EricBalchunas) November 17, 2025
The Countdown Has Begun for Dogecoin (DOGE)!
Bloomberg analyst Balchunas also gave a date for the Dogecoin ETF.
Balchunas said he expects the Grayscale Dogecoin ETF to launch on November 24, based on a regulatory filing made earlier this month that stipulates a 20-day period to be triggered if the SEC fails to respond.
The DOGE ETF will be a converted fund from its existing fund, Grayscale Dogecoin Trust, and will be listed on the New York Stock Exchange, which is still expected to apply to list the ETF.
If Grayscale’s DOGE fund launches next week, it will be the first Dogecoin ETF in the US that can directly hold the memecoin.