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Cboe Pushes SEC to Approve Fidelity Spot Solana ETF

  • Cboe BZX Exchange has filed for permission from the SEC to list Fidelity's spot Solana ETF.
  • Fidelity is among several asset managers seeking to launch spot SOL ETFs, including VanEck, Grayscale, 21Shares, Bitwise, and Franklin Templeton.
  • Demand for Solana-based investment products is rising following the launch of Solana futures contracts on the CME.
  • The approval of altcoin ETFs could result in wider usage of altcoin ETFs for Americans.

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