Fidelity’s Solana ETF Application Marks a Milestone in Financial Markets

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Coin-Turk 8 months ago 212

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelity’s application for a Solana $124 (SOL ($124.17)) spot ETF. This significant development in the financial sector outlines Fidelity’s regulatory proposal for the Solana ETF, which is anticipated to be traded on the Cboe BZX Exchange.

Solana ETF Application

Fidelity has submitted a request to launch a Solana-based investment fund on the Cboe BZX Exchange. The SEC’s approval indicates that the application includes required changes and additions to existing regulations. The application process has gained momentum following the revision of the regulatory proposal submitted on March 25, which is set to be clarified by April 1, 2025.

The Cboe BZX Exchange has completed its application to list and trade the spot Solana ETF named Fidelity Solana Fund with the SEC. At ...



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