
(Image Source: CanaryFunds)
The U.S. Securities and Exchange Commission (SEC) is set to approve the first exchange-traded funds (ETFs) tied to Hedera (HBAR), Solana (SOL), and Litecoin (LTC), signaling a new chapter in the convergence of traditional finance and blockchain. Bloomberg analyst Eric Balchunas reports that Bitwise Solana, Canary Litecoin, and Canary HBAR listing notifications were officially posted and became effective on October 28 (UTC). Regulators are demonstrating an increasingly open approach to digital assets and are highlighting unprecedented market recognition for blockchain projects with real-world utility and institutional-grade infrastructure.
Gregg Bell, Chief Business Officer of the Hedera Foundation, calls this approval a watershed moment for the ecosystem. The launch of the HBAR ETF allows investors, for the first time, to participate in the Hedera network through fully compliant channels—a foundational platform for asset tokenization and sustainable finance. This ETF approval not only boosts financial visibility but also officially affirms Hedera’s status as a global digital finance backbone, establishing Hedera as one of the most trusted enterprise-grade decentralized architectures.
Unlike many public blockchains driven by community governance, Hedera is steered by globally renowned enterprises, ensuring network stability and transparent decision-making. This enterprise-grade governance model enables rapid deployment in areas such as digital identity, carbon credit tracking, and asset tokenization, offering institutional investors a higher level of trust. With the rollout of ETFs, institutions can now compliantly enter the Hedera ecosystem and tap into the growth potential of real-world asset (RWA) and sustainable finance applications.
Industry analysts widely agree that the introduction of multi-asset ETFs for Solana, Litecoin, and Hedera marks the beginning of a new era characterized by multi-chain collaboration. The crypto market is evolving beyond just Bitcoin and Ethereum, embracing an ecosystem of diversified financial instruments and cross-chain interoperability.
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With SEC approval and ETF launches, Hedera has moved beyond its reputation as an enterprise blockchain and now symbolizes the entry of blockchain infrastructure into mainstream finance. The coming years will reveal how institutional capital reshapes the Web3 landscape, with Hedera potentially leading this transformation.





