Fidelity Launches Solana ETF With $3.3 Million in Initial Holdings
Fidelity launched its Solana exchange-traded fund under ticker FSOL on November 18, 2025, with initial holdings of 23,400 SOL tokens valued at $3.3 million. Custody services are provided through BitGo, Coinbase, and Anchorage Digital. The launch coincides with similar ETF filings from VanEck and Canary Capital, reflecting growing institutional interest in Solana-based investment products.