Editor's PiCK

Fidelity submits Solana spot ETF S-1 filing to US SEC

Source
Suehyeon Lee

Summary

  • Fidelity has reportedly submitted an official S-1 registration statement for a Solana spot ETF.
  • Bloomberg stated that approval for a Solana spot ETF could come within weeks.
  • Including Fidelity, at least seven asset management companies are known to be preparing for the launch of a Solana spot ETF.

Fidelity, which manages Bitcoin (BTC) and Ethereum (ETH) spot ETFs, is now moving to launch a Solana (SOL) spot ETF.

On the 14th (local time), Watcher Guru reported via X that “Fidelity has officially submitted the S-1 registration statement for a Solana spot ETF.”

Previously, the SEC requested revisions to the S-1 filings from at least three Solana spot ETF issuers. Bloomberg subsequently reported that approval of Solana spot ETFs may occur within a few weeks. Meanwhile, including Fidelity, at least seven asset management companies such as Grayscale, Bitwise, and VanEck are reportedly preparing to launch Solana spot ETFs.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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