US Altcoin ETF Debut: $65M Volume, SOL Dip, HBAR Up

Published: 2025-10-28 22:47:41 |

US spot altcoin ETFs for Solana (BSOL), Hedera (HBR) and Litecoin (LTCC) launched on October 27, drawing a combined $65 million in first-day trading volume. The Solana ETF led with $56 million in volume, but SOL fell 3.6% to $191 as traders engaged in profit-taking after pre-launch hype. Hedera’s spot ETF saw $8 million in trades, coinciding with a 4.9% jump in HBAR to $0.193, supported by enterprise network interest and potential staking yields. The Litecoin ETF recorded only $1 million in volume, and LTC dipped 3.3% to $96, underscoring limited appeal for legacy assets. This altcoin ETF debut highlights selective investor focus within the US crypto market. Institutional and retail traders rewarded assets with strong fundamentals or staking opportunities, while established tokens faced sell-the-news pressure. Key indicators showed neutral-to-weak momentum for SOL and LTC, versus bullish sentiment for HBAR, suggesting capital rotation into lower-cap Layer-1 projects. Traders should monitor ongoing ETF flows, regulatory updates and technical signals to gauge demand shifts and identify trading opportunities in regulated crypto markets.

Neutral

The debut of spot altcoin ETFs produced a mixed price response among Solana, Hedera and Litecoin. Solana and Litecoin saw modest dips as traders executed buy-the-rumor sell-the-news strategies, while Hedera gained on strong staking yield prospects. This selective investor behavior underscores that ETF listings alone do not guarantee upward price momentum across all tokens. In the short term, traders may face volatility as capital rotates between assets, and technical indicators suggest neutral-to-weak momentum for SOL and LTC versus bullish sentiment for HBAR. Over the long term, the successful ETF launch signals a maturing US crypto market with potential for expanded altcoin ETF exposure. However, sustained bullish trends will depend on continued trading volume, regulatory clarity and project fundamentals, making the overall impact neutral.