Fidelity Investments, the $7 trillion asset manager, has officially launched its spot Solana ETF (ticker: FSOL) on the NYSE Arca exchange today, November 19, 2025.
This marks Fidelity’s entry into the rapidly expanding U.S. Solana ETF market, following approvals from the SEC and NYSE. The fund provides investors with direct exposure to Solana’s native token (SOL) through a regulated vehicle, including staking rewards to generate additional yield.
0.25%, fully waived for the first six months or until the fund reaches $1 billion in assets under management (AUM)—whichever comes first. Fidelity will also cover staking fees on rewards from the initial $1 billion in assets.
Tracks the spot price of SOL, with in-house staking enabled for yield similar to Fidelity’s Bitcoin and Ethereum ETFs. Custody is handled via Fidelity Digital Assets. Analysts view this as a major institutional endorsement for Solana, potentially driving inflows and price appreciation.
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Bloomberg’s Eric Balchunas highlighted Fidelity’s scale $6.4 trillion AUM as a game-changer, with early projections of $1 billion+ in collective Solana ETF inflows soon. The launch comes amid a “Solana ETF season,” with multiple products now live or imminent.
Over $450M across existing funds in under a month, with yesterday’s net flows showing +$26.2M for Solana ETFs vs. outflows from Bitcoin and Ethereum. Five Solana ETFs are now live, all supporting staking—a first for crypto ETFs. This contrasts with Bitcoin and Ethereum launches, where staking was absent initially.
SOL price is trading around $141 as of this morning, down ~9% in the last 24 hours amid broader market volatility (e.g., $1B+ in crypto liquidations yesterday). However, trading volume surged 60%, signaling heightened interest.
Bullish sentiment prevails. DL News predicts SOL could hit $160 by December, fueled by ETF momentum and post-shutdown regulatory green lights. Nate Geraci of the ETF Institute called it a “welcome to the future” for Wall Street’s embrace of altcoins.
BlackRock, dominant in Bitcoin/Ethereum ETFs, has yet to file for a Solana product. This launch underscores Solana’s maturation as a blockchain ecosystem, blending high-speed DeFi with traditional finance accessibility. For investors, FSOL offers a low-barrier entry via brokerage accounts, IRAs, and 401(k)s.
Fidelity’s debut of the FSOL ETF represents a pivotal moment for Solana, accelerating its transition from a high-performance blockchain to a mainstream institutional asset. As the third-largest asset manager globally with $7 trillion in AUM.
Fidelity’s entry validates SOL’s scalability and ecosystem, potentially unlocking billions in capital while reshaping crypto’s integration with traditional finance. SOL’s price dipped to around $131–$141 on launch day amid broader market liquidations $1B+ across crypto and profit-taking after a 2025 rally.
However, ETF launches historically precede recoveries—e.g., Bitcoin’s 2024 ETF debut sparked a 50%+ surge within months. Analysts forecast SOL reaching $156–$160 by late November, driven by ETF inflows and Solana’s DeFi/memecoin momentum.
Day-1 inflows for FSOL hit $2.07M, contributing to $420M+ total across five U.S. Solana ETFs. Solana ETFs have seen 15 straight days of net inflows ~$513M AUM, 0.71% of SOL’s market cap, outpacing early Bitcoin ETF debuts in relative terms.
Fidelity’s scale could eclipse Bitwise’s BSOL ($450M AUM), with projections of $1B+ collective inflows soon, creating arbitrage opportunities and boosting trading volume up 60% recently. Increased liquidity could elevate on-chain metrics like TVL ($5B+ in DeFi) and transaction volume, spilling over to memecoins and consumer apps on Solana.
FSOL is Fidelity’s third crypto ETF after Bitcoin and Ethereum, signaling altcoins’ maturation beyond “speculative fringe assets.” This could prompt BlackRock—absent from Solana ETFs—to file, elevating SOL to “top-3” status alongside BTC/ETH for dual giant exposure.
Vanguard’s crypto aversion leaves Fidelity poised to dominate.