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Will Solana Skyrocket if Fidelity Files an ETF?

Will Solana Skyrocket if Fidelity Files an ETF?

Published:
2025-03-23 05:44:00
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Fidelity has quietly made a move that’s turning heads across the crypto space: a new statutory trust called the Fidelity Solana Fundhas been registered through CSC Delaware Trust Company. While the firm hasn’t confirmed that this is a step toward a Solana exchange-traded fund (ETF), the timing and context are hard to ignore. With Solana gaining traction as one of the most scalable blockchains and other firms like Franklin Templeton and Volatility Shares ramping up Solana-related products, investors are wondering: Could Fidelity’s entry ignite a massive rally in SOL?

Fidelity crypto ETF: Is Fidelity Really Preparing for a Solana ETF?

While no Solana ETF filing has been made (yet), this statutory trust registration closely mirrors the early moves Fidelity made before launching its wildly successful Bitcoin ETF (FBTC), which now holds $16.5 billion in AUM . Fidelity’s decision to file under a new name — rather than immediately launching a product — suggests a strategic buildup rather than a publicity stunt. In ETF product development, a statutory trust is typically a precursor to a formal SEC filing.

Given Fidelity’s history and clout, this subtle signal could be the first domino to fall in the next wave of institutional crypto adoption.

Solana ETF News: Why Would a Fidelity Solana ETF Matter?

Solana is no stranger to headlines — it’s fast, cheap, and growing rapidly in developer adoption and DeFi activity . But an ETF would be a, for two reasons:

  • Institutional Access: An ETF opens the doors for retirement funds, hedge funds, and traditional investors to gain exposure to SOL without the risks of direct custody.
  • Legitimization: A Fidelity-backed product signals that Solana is no longer a fringe asset — it’s a mainstream digital investment, just like Bitcoin and Ethereum.

Historically, ETFs have acted as. After the first U.S. Bitcoin ETF approval, BTC rallied over 60% in the following months. Solana could follow a similar trajectory — especially given its lower market cap and faster growth curve.

How Are Other Asset Managers Positioning Themselves?

Fidelity isn’t alone.is launching two Solana futures ETFs next week (SOLZ and SOLT), andhas proposed an innovative Solana ETF that includes staking rewards as income. Meanwhile,, and others have tried — and failed — to get approval for Solana products.

The difference? Fidelity knows how to win with regulators. It succeeded where others didn’t with FBTC. If anyone can get a Solana ETF through the door, it’s likely Fidelity.

Could This Trigger a Solana Price Surge?

If Fidelity files for a Solana ETF and the SEC shows even mild willingness to consider it, we could see an explosive rally in SOL’s price. Here’s why:

  • Pre-filing Hype: Speculation alone, like we’re seeing now, often creates upward price pressure.
  • Filing Effect: When BlackRock filed for its spot Bitcoin ETF, BTC surged over 20% in two weeks.
  • Approval Impact: If approved, a Solana ETF could drive billions in inflows and lift SOL toward $200+ levels, especially given Solana’s previous all-time high of ~$260.

In a bullish case, if the ETF hype aligns with broader crypto market momentum,within months of an approval.

What’s the Regulatory Risk?

The big hurdle remains the. To date, all Solana ETF proposals have been either. Bloomberg’s James Seyffart pointed out that the SEC has refused to even acknowledge the most recent filings. But with the agency recently greenlighting multiple Bitcoin ETFs, including Fidelity’s, there’s growing pressure toto other large-cap digital assets like Solana.

Fidelity’s influence, track record, and legal expertise could finally tip the scales.

What Should Investors Watch Next?

Here are the key catalysts to track:

  • Official Filing: If Fidelity files an S-1 for a Solana ETF, expect a strong market response.
  • SEC Response to Franklin Templeton’s Filing: If acknowledged or discussed, this could set a precedent.
  • Performance of SOLZ and SOLT: The futures-based ETFs launching next week will test institutional interest in Solana.
  • Crypto Market Sentiment: If BTC and ETH continue upward, SOL could ride the wave especially with a catalyst like ETF news.

Will Solana Skyrocket?

While nothing is confirmed yet, Fidelity’s “Solana Fund” registration is not a random act. It fits a familiar pattern — one that previously ended in a major ETF approval and billions in inflows. If Fidelity pulls the trigger and the SEC begins to soften on altcoin ETFs,in the ETF race.

If an official ETF filing happens in Q2 2025, SOL could reach $180–$220 within 60–90 days of the announcement, barring a broad market downturn. The Solana ETF race has begun. And Fidelity might just be in the lead.

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