Solana ETFs Surge: FSOL Launch Marks the Beginning of Institutional Wave

The Solana-powered exchange-traded fund (ETF) market is experiencing a rapid expansion, with several major asset managers planning to launch products this week. This wave kicks off with Fidelity’s spot Solana ETF, FSOL, expected to debut on November 19th, carrying a 25 basis point fee. This marks Fidelity’s first direct Solana offering and places the institution among the earliest large institutions to bring a spot product related to the high-performance blockchain network to market.