Canary·Fidelity Solana ETFs to be newly listed on the 18th

Source
JOON HYOUNG LEE

Summary

  • Fidelity and Canary's Solana (SOL) spot ETFs are reported to be newly listed on the 18th.
  • Fidelity submitted an 8-A12B filing to the New York Stock Exchange (NYSE) for listing, indicating that listing preparations are in the final stages.
  • Grayscale forecasted that ETFs would absorb at least 5% of Solana's supply over the next 1~2 years.

Two new Solana (SOL) spot exchange-traded funds (ETFs) will be newly listed.

On the 18th (local time), according to Solana Floor, U.S. asset managers Fidelity and Canary's Solana spot ETFs will be listed in succession that day. Earlier, Fidelity submitted an 8-A12B filing to the New York Stock Exchange (NYSE) on the previous day (17th) for listing a Solana ETF. Typically, that filing indicates that listing preparations have entered the final stages.

Meanwhile, U.S. asset manager Grayscale recently predicted that ETFs will absorb at least 5% of Solana's supply over the next 1~2 years. As of 9:25 p.m. that day, Solana was trading on CoinMarketCap at 137.32 dollars, down 3.13% from the previous day.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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