Fidelity Solana ETF will officially launch tomorrow
According to ChainCatcher, Bloomberg analyst Eric Balchunas stated that Fidelity's spot ETF tracking Solana—Fidelity Solana Fund (ticker: $FSOL)—will be launched tomorrow, with a management fee of 0.25%. This ETF tracks the Fidelity Solana Reference Index (FIDSOLP) and includes staking rewards from SOL.
Fidelity is currently the largest asset management company entering this category, with competitors including Bitwise's $BSOL (currently holding $450 millions in assets), VanEck's $VSOL (already launched), and Grayscale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Fidelity Solana ETF will launch on November 18 with a management fee of 0.25%.
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