Fidelity has just entered the Solana market - and the era of ETFs has officially begun.

The NYSE Arca has approved the Fidelity Solana ETF, placing SOL alongside Bitcoin and Ethereum in the top tier on Wall Street.

Van Eck has also launched VSOL with a 0% fee and a deposit yield ranging from 6 to 7%.

However, SOL has dropped to $131 as the market shrinks debts and a major investment fund transfers its tokens to Coinbase Prime.

This is the traditional behavior of ETFs:

Approval ← Reduction ← Slow Inflows ← Accumulation ← Reevaluation.

The real signal now is the inflows, not the price.

We explained this in today's newsletter.