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3 ❤️
New Wave of Solana ETFs Hits the Markets as Fidelity, Canary, and VanEck Roll Out
https://decrypt.co/349058/new-wave-of-solana-etfs-hits-the-markets-as-fidelity-canary-and-vaneck-roll-out
A slate of new Solana-linked ETFs are landing on U.S. exchanges this week, led by Fidelity’s FSOL and Canary Capital’s staking-enabled SOLC, as issuers move to capture flows into chain-specific strategies and broaden the market beyond Bitcoin-focused products.
VanEck’s VSOL was the first to launch on Monday, debuting on exchanges with zero fees. Canary Capital, working with Marinade Finance, followed with the SOLC ETF rolling out Tuesday to add on-chain staking within a commodity-trust structure.
Fidelity’s FSOL followed hot on its heels with a 0.25% annual fee, making it the first Solana product from a large traditional asset manager. They follow on the heels of Bitwise’s BSOL and Grayscale’s GSOL, launched late October.
...
https://decrypt.co/349058/new-wave-of-solana-etfs-hits-the-markets-as-fidelity-canary-and-vaneck-roll-out
A slate of new Solana-linked ETFs are landing on U.S. exchanges this week, led by Fidelity’s FSOL and Canary Capital’s staking-enabled SOLC, as issuers move to capture flows into chain-specific strategies and broaden the market beyond Bitcoin-focused products.
VanEck’s VSOL was the first to launch on Monday, debuting on exchanges with zero fees. Canary Capital, working with Marinade Finance, followed with the SOLC ETF rolling out Tuesday to add on-chain staking within a commodity-trust structure.
Fidelity’s FSOL followed hot on its heels with a 0.25% annual fee, making it the first Solana product from a large traditional asset manager. They follow on the heels of Bitwise’s BSOL and Grayscale’s GSOL, launched late October.
...