<ul><li>Fidelity's Solana ETF filing has been acknowledged by the SEC, but Solana's price continues to face downward pressure as the broader crypto market faces selling pressure.</li><li>Fidelity, a major asset manager overseeing $4.9 trillion, joined the race to launch a Solana ETF in March, competing with other firms like Grayscale, 21Shares, and Canary Capital.</li><li>Market sentiment remains cautiously optimistic, with bettors on Polymarket giving Solana an 83% chance of securing ETF approval before the year ends, reflecting confidence in the asset's potential.</li><li>Source: Coindoo</li></ul>

Fidelity’s Solana ETF Filing Acknowledged by SEC, But Price Remains Under Pressure

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