EddieJayonCrypto
25 Mar 25
The mutual fund giant Fidelity has filed a 19b-4 form to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S. Fidelity, with $4.9 billion in assets under management, is the largest player to enter the Solana ETF race. The filing was anticipated, as a statutory trust registration filing was p...
The mutual fund giant Fidelity has filed a 19b-4 form to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S. Fidelity, with $4.9 billion in assets under management, is the largest player to enter the Solana ETF race. The filing was anticipated, as a statutory trust registration filing was previously submitted in Delaware. Despite the announcement, Solana (SOL) only saw a 1% increase, indicating that the market had largely factored in this development. Franklin Templeton also filed to launch a Solana ETF in late February, and there is an 85% chance of a SOL ETF being approved this year according to Polymarket bettors.
Cboe has officially filed a 19b-4 form on behalf of mutual fund giant Fidelity to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S. Fidelity, which boasts $4.9 billion in assets under management, is, of course, the largest player to enter the Solana ETF race to date.