🏦 Fidelity's Solana Spot ETF FSOL will launch tomorrow
In November 2025, global top asset management company Fidelity announced that its Solana Spot ETF — Fidelity Solana Fund will officially launch for trading on November 19, with the code $FSOL. The management fee for the fund is set at 0.25% (i.e., 25 basis points), which is quite competitive among current Solana ETF products.
It is worth noting that BlackRock did not participate in this Solana ETF competition, making Fidelity the largest traditional asset management company to enter this field. In addition to Fidelity's FSOL, Canary Funds also plans to launch its Solana ETF SOLC on the same day, which will collaborate with Marinade Finance for on-chain staking.
The launch of FSOL marks further recognition of the Solana ecosystem by mainstream financial institutions, following Bitwise's $BSOL (currently with an asset management scale of about $450 million) and VanEck's $VSOL, and provides investors with a new, regulated avenue to access the Solana cryptocurrency asset.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.