๐ Fidelity Submits Spot ETF Proposal for Solana, Ready to Open Staking Options!
Fidelity has officially submitted a proposal for a spot Solana (SOL) ETF to the SEC, following in the footsteps of competitors. Interestingly, this ETF is also planned to support staking options for investors. ๐
This move underscores Solana's potential as a portfolio diversification asset, while also bringing this asset under regulatory oversight.
However, a similar application from Grayscale has been pending since Mayโleaving the future of the Solana ETF still full of questions.
๐ The ETF could be a game changer for SOL exposure to institutional investors.
Stay tuned for further updates!
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