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SEC Acknowledges Fidelity’s Solana ETF, Approval Odds Jump to 89%

  • The SEC has acknowledged Fidelity's application for a spot Solana ETF, starting the official review process.
  • Fidelity joins several major asset managers competing to launch a Solana-based ETF.
  • The filing submitted through Cboe BZX Exchange seeks to propose a new rule that will permit the Fidelity Solana ETF to list and trade.
  • Polymarket places the chances of a Solana ETF being approved by 2025 at 89%, up from 77 % at the beginning of the year.

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