Fidelity Investments seeks to create a negotiated stock market (ETF) fund according to the Solana (Sol) price, a deposit with the Securities and Exchange Commission on Tuesday.
CBOE Exchange downloaded a 19B-4 file to list an ETF Solana offered by the Wall Street veteran of 5 billions of dollars. This occurs after the company recorded a Fidelity Solana fund in Delaware last Thursday.
Fidelity has not yet submitted S-1 file, which is required for companies seeking to issue a new title and to be entered in a public scholarship.
Solana, with $ 74 billion, is currently the sixth largest cryptographic asset by market capitalization in the world. Several asset managers have filed requests from the SEC to launch funds holding the token, notably Grayscale, Franklin Templeton and Vaneck.
Last week, two ETFs (Solz and Solt) following FUTURE SOLT struck the market on NASDAQ, an important step to obtain an approved product by approved Exchange Spot.
Fidelity previously published two ETF Crypto-Spot: The Bitcoin Fund Fund (FBTC) by Fidelity Origin and the Fidelity Ethereum Fund (Feth). Both launched last year. The FBTC has attracted nearly $ 17 billion in assets – or Bitcoin – and Feth manages approximately $ 975 million.
Many Fidelity customers are interested in having cryptocurrencies and a large part already does. The company has been working on its digital asset ecosystem since 2014.
