Cboe officially owns Submit 19B-4 Form Representing the Fidelity of the Mutual Fund Giant to Launch the Solana (SOL) Exchange-Traded Fund (ETF) in the US
With $4.9 billion in managed assets, Fidelity is, of course, the biggest player to participate in the Solana ETF race so far.
This application was not a surprise to market participants. Last week, a statutory trust registration application was filed in Delaware. This was clearly followed by actual ETF filing. This reflects the movement of Fidelity with existing cryptocurrency products.
The fact that this development is primarily priced by the market explains why Solana (SOL) failed to meet in response to filing. Tokens added only 1% in response to announcements.
As reported by U.Today, investment giant Franklin Templeton Submit The Solana ETF will be launched in late February.
Polymarket Bettors now sees an 85% chance of Sol ETF approval this year.
