SOL Staking: Fidelity Introduces FSOL Fund, Bringing Major Wall Street Name to Solana (SOL) ETFs
Fidelity launched the FSOL ETF, its first Solana fund with staking, entering the growing U.S. spot Solana ETF market.Summary
Fidelity is entering the Solana ETF market with the launch of the Fidelity Solana Fund (FSOL), which is notable as it includes a staking feature, making it the firm's third crypto exchange-traded product. FSOL begins trading on NYSE Arca, bringing a major asset manager to a sector that currently features only three other spot Solana funds in the U.S. The launch coincides with increased interest in Solana investment products, as Canary Capital is also introducing a spot Solana ETF the same day, following VanEck's recent entry. This competition follows the strong debut of Bitwise's BSOL, which attracted $450 million since its late October launch, indicating significant investor demand for regulated access to the Solana ecosystem. Fidelity's move builds on its decade-long exploration of digital assets, now offering a range of crypto services including spot bitcoin and ether funds.
(Source：CoinDesk)