The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelity’s filing for a spot Solana (SOL) ETF, submitted by Cboe BZX Exchange. If sanctioned, the ETF will facilitate investor access to Solana without direct cryptocurrency ownership.
Fidelity’s application underscores increasing institutional interest in Solana’s fast and scalable blockchain technology. However, uncertainties linger regarding the SEC’s approach to non-Bitcoin crypto ETFs, particularly concerning Ethereum.
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