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Fidelity’s spot Solana ETF edges closer to approval as SOL slides 15% amid Trump tariffs turmoil

Summary by BizToc

The SEC acknowledging such a filing typically means it will then be published in the Federal Register, initiating the approval process.

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bipns.com

SOL Reacts To Trump's Tariffs, Here's What Holders Are Doing

March marked a major turning point in the project’s growth. Rollblock raised over $1 million in just one month through its presale and onboarded 15,000 new users. Wagering volume soared to nearly $1.95 million, representing a 50% jump from February. Deposits more than doubled, user registrations continued to climb, and Gross Gaming Revenue (GGR) followed suit with a 50% increase. This strong performance has drawn praise from key Web3 influencer…

15 hours ago

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FinanceFeeds

SEC Acknowledges Fidelity’s Spot Solana ETF Filing, Marking Key Milestone For Crypto Investment Products - FinanceFeeds

In a major development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has officially acknowledged a filing by Fidelity Investments for a spot Solana Exchange-Traded Fund (ETF). This procedural milestone sets the stage for a potential new entrant into the ETF market and signals continued institutional interest in expanding access to digital asset investment vehicles beyond Bitcoin and Ethereum. Trading Shares o…

15 hours ago

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The Crypto Basic

Fidelity Solana ETF One Step Closer to Approval as US SEC Acknowledges Filing

The chances of a Fidelity Solana ETF have received a boost as the US SEC acknowledges receipt of the asset manager’s rule change application. On Thursday, the US Securities and Exchange Commission acknowledged the filing for a spot Fidelity Solana ETF, pushing the approval process one step closer. The prominent asset manager became the latest to seek a regulatory nod to manage the Solana-based product after the Chicago Board Options Exchange (CB…

16 hours ago

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Fidelity Spot Solana ETF Progresses As SEC Acknowledges Filing

Fidelity Investments received SEC acknowledgement for its spot Solana ETF filing. The launch of an ETP product could possibly propel a rally in SOL. In the last 24 hours, intriguing actions have occurred in the mainstream economic sector. The US has once again received the spotlight with Trump announcing further tariffs on all international trades. Moreover the tariff impositions are further kindling the mounting tensions between the nations. M…

17 hours ago

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Coindoo

Fidelity’s Solana ETF Filing Acknowledged by SEC, But Price Remains Under Pressure

Despite the positive regulatory development, Solana’s price has shown little response, continuing its downward trend as the broader crypto market faces intense selling pressure. Fidelity, a major asset manager overseeing approximately $4.9 trillion, entered the race to launch a Solana ETF in late March. The move comes as competition heats up, with several other firms, including Grayscale, 21Shares, and Canary Capital, having their own Solana ETF…

17 hours ago

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TokenPost

SEC Acknowledges Fidelity's Solana ETF Filing Amid Market Slump

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelitys application for a Solana exchange-traded fund (ETF), signaling growing institutional interest in the altcoin despite current market turbulence. Fidelity, one of the worlds largest asset managers with approximately $4.9 trillion in assets under management, entered the Solana ETF race in late March. Its move follows similar ETF filings from major firms such as …

23 hours ago

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