SEC Acknowledges Fidelity’s Solana fund application for listing

The U.S. SEC has accepted Fidelity’s listing application for the Solana Fund, aiming to provide direct investment in Solana (SOL). This move highlights a growing acceptance of altcoin ETFs among institutional investors.

With potential inflows projected between $3 billion and $6 billion, this development may shape market dynamics and boost institutional confidence in altcoin investments, particularly for Solana.

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