Boston, MA – December 28, 2025 – Fidelity Investments today filed a formal intent with the U.S. Securities and Exchange Commission (SEC) to launch a spot Solana exchange-traded fund (ETF), backed by an initial seed investment of $500 million from Fidelity's proprietary capital.
The proposed Fidelity Solana Trust ETF (pending ticker approval) would be the first spot Solana product available to U.S. investors through traditional brokerage accounts, providing direct exposure to SOL with institutional-grade custody and daily liquidity on major exchanges.
"Solana has emerged as one of the most innovative and high-performance blockchains in the ecosystem. By committing significant seed capital and filing for a spot ETF, Fidelity is demonstrating our belief in Solana's long-term potential and our commitment to bringing regulated, accessible crypto exposure to mainstream investors."
– Cynthia Lo Bessette, Head of Digital Assets, Fidelity Investments
The filing comes amid growing institutional interest in Solana following multiple successful layer-1 developments and increasing DeFi and NFT activity on the network. Fidelity expects strong demand from both retail and institutional investors upon approval.
The SEC review process is expected to take several months. Upon approval, the Fidelity Solana Trust ETF would join Fidelity's existing lineup of spot Bitcoin (FBTC) and Ethereum (FETH) ETFs, further expanding the firm's regulated digital asset offerings.
About Fidelity Investments — Fidelity manages over $13 trillion in assets and has been a leader in digital asset innovation since 2018.
This is an official press release republished for informational purposes. Crypto ETF Index is an independent resource. Not investment advice.