Wall Street’s Solana Bet Advances as Fidelity Updates ETF Filing
Yahoo Finance·2025-10-30 17:32
Fidelity Investments has filed a pre-effective amendment for its Solana ETF with the Securities and Exchange Commission, moving the registration toward automatic effectiveness. The filing reveals the fund will stake all its SOL holdings to generate returns exceeding the Fidelity Solana Reference Rate while charging a 0.25% annual fee, fully waived for the first six months after launch. This update pushes Fidelity into a rapidly expanding Solana ETF market, which has already seen three products debut on U ...