- US regulators have greenlit ETFs for SOL, LTC, and HBAR.
- Crypto sees rising institutional demand as mainstream players seek regulated blockchain exposure.
- TRUMP token rallies on optimistic developments.
Digital assets advanced on Tuesday, with Bitcoin reclaiming $117,000 as broader market sentiment turned upbeat ahead of tomorrow’s Federal Reserve rate decision.
In a landmark move shaking up the altcoin space, US regulators approved exchange-traded funds tied to Solana, Litecoin, and Hedera. This marks a pivotal moment for the digital-asset industry, introducing diversified ETF offerings beyond Bitcoin and Ethereum.
Investors can now access Bitwise Solana, Canary HBAR, and Canary Litecoin ETFs on the New York Stock Exchange. The approvals follow updated policies that allow issuers to bypass lengthy Securities and Exchange Commission review processes, speeding product launches to market.
Demand for the new offerings was immediate. According to ETF analyst Eric Balchunas, the Bitwise SOL staking-related ETF recorded about $10 million in trading volume within the first 30 minutes, outpacing Hedera at roughly $4 million and Litecoin at about $400,000.
Here’s numbers fter 30min$BSOL: $10m$HBR: $4m$LTCC: $400k
— Eric Balchunas (@EricBalchunas) October 28, 2025
Approval via regulated channels will broaden investor access to SOL, LTC, and HBAR, removing the hurdles of wallet management and the hunt for reliable brokers. The products have already debuted on major US exchanges as the gap between DeFi and TradFi continues to narrow.
Institutional demand hits the altcoin sector
These recent approvals expand investor choice. Until now, many institutional players were mostly limited to Bitcoin- and Ethereum-related products. The landscape has shifted significantly.
Solana, known for fast transaction speeds and a dynamic DeFi, meme token and NFT ecosystem, has emerged as one of the most watched blockchains in recent months. With SOL ETFs now trading, the project could see a notable boost in liquidity and market stability—factors that may help solidify Solana’s claim as a serious challenger to Ethereum. SOL traded around $199 after gaining more than 3% last week.
Veteran Litecoin has retained relevance due to its long track record of reliable network uptime and solid fundamentals. An LTC ETF approval signals that regulators still view Litecoin as a time-tested token that can serve conservative investors entering the crypto space. LTC traded near $98 and appeared positioned for potential breakouts.
Finally, the Hedera ETF offers an avenue for investors interested in blockchain applications for tokenization, sustainability, and enterprise solutions. HBAR’s native token rose more than 10% the previous day, reaching $0.2018.
TRUMP token rallies on positive sentiment
The Donald Trump-themed meme token led daily winners, surging over 14% in 24 hours to $7.11. Momentum was fueled by a partnership between Trump Media and Crypto.com to launch “Truth Predict,” a prediction-market feature on Truth Social.
NEW: 🇺🇸🎥 President Trump’s Truth Social has partnered with #Crypto.com to launch “Truth Predict.”
The new feature will make Truth Social the world’s first social media platform to offer federally compliant prediction markets on politics, economics, and sports. pic.twitter.com/7GUWns4AvB
— Bitcoin.com News (@BTCTN) October 28, 2025
Under the agreement, Truth Social will route event contracts through CDNA, an exchange and clearinghouse registered with the CFTC. The partnership gives the platform a federally compliant framework for offering prediction markets tied to elections, economic releases, commodity prices, sports outcomes, and other real-world events.
Trump Media is promoting the feature as the first instance of a publicly traded social media company integrating prediction markets directly into its platform. The new function will display live market prices so users can react to developments in real time. Social features will be combined with trading tools, enabling users to discuss positions, share forecasts, and trade concurrently.
User engagement will connect directly to trading activity: participants who earn “stones of truth” through interaction can convert them into CRO tokens, which can then be used to purchase event contracts.