Solana ETF Launches on NYSE by Fidelity

Fidelity Moves Forward with Solana ETF Listing on NYSE

• Fidelity filed a Form 8-A12B to list its Solana ETF on the NYSE, marking a significant regulatory step.
• A Form 8-A12B is required by the SEC for listing securities on a national exchange.
• This filing is part of Fidelity’s strategy to enter the growing market for crypto ETFs.
• The move follows successful launches of other Solana ETFs, including Bitwise’s BSOL with $69.5 million in first-day inflows.
• VanEck also launched its competing Solana ETF, VSOL, recently.

Fidelity has taken a crucial step by filing a Form 8-A12B to list its Solana ETF on the NYSE, joining other financial institutions in expanding into the crypto ETF market. This comes after notable launches like Bitwise’s BSOL and VanEck’s VSOL ETFs, highlighting strong demand for such products.