Fidelity Files S-1 for Solana Spot ETF: A Major Step Forward in Crypto Adoption

Fidelity Investments has taken a major step forward in the crypto market by filing an S-1 registration statement with the SEC for a spot Solana ETF. This action positions Fidelity as the lead player in bringing Solana to mainstream investors, potentially leading to increased institutional investment and enhanced accessibility for this popular cryptocurrency.