Fidelity’s Solana ETF Filing Changes Crypto Treasury Management
Fidelity’s recent update to its Solana ETF filing has drawn attention in the cryptocurrency world. How might this transform the way businesses manage their crypto treasury and payroll? Let’s break it down.
What Does Fidelity’s Solana ETF Filing Mean?
Fidelity’s new filing reflects a pivotal moment. By adopting generic listing standards, they are likely making the path to approval easier for their Solana ETF. This could allow investors to gain regulated exposure to Solana (SOL) without the hurdles of direct custody. With institutional interest growing in Solana, we now see the SEC’s new streamlined approval process, which has a high probability of approval by October 2025.
What does this mean for the future? Well, it signifies that…
