Fidelity files Solana ETF for NYSE listing
Summary
Fidelity has filed a Form 8-A12B with the Securities and Exchange Commission (SEC) to register its Solana ETF for listing on the New York Stock Exchange (NYSE). This filing is a standard regulatory requirement necessary before the exchange-traded fund focused on the digital asset can commence trading.
This action places Fidelity among other major financial institutions entering the crypto ETF space, capitalizing on recent market momentum. The move follows the successful debuts of other Solana ETFs, such as Bitwise's BSOL, which saw substantial first-day inflows, and VanEck's VSOL, which launched recently.
(Source:Crypto Briefing)