Fidelity Enters Solana ETF Fray as Third and Largest Player, Waving Fee Flag
Reading Time: < 1 minute
The Solana ETF competition intensified as Fidelity debuted its FSOL fund, immediately becoming the category’s largest asset manager with BlackRock on the sidelines.
While it’s the third firm to launch after Bitwise and Grayscale, Fidelity is making a bold statement by waiving all fees until mid-2026—a direct challenge to its rivals.
“Welcome to the future. Still surprised BlackRock sitting this one out,” noted industry expert Nate Geraci, highlighting the significance of Fidelity’s move in a market still taking shape.
Follow and like us on
