The race to launch the first US spot Solana exchange-traded fund (ETF) is gaining momentum. Cboe BZX Exchange has requested that the Securities and Exchange Commission (SEC) list Fidelity’s proposed Solana ETF. The filing, made on March 25, adds Fidelity to a growing list of asset managers looking to bring Solana-based investment products to the market. However, the SEC’s approval remains the final hurdle before trading can commence. Cboe’s move comes shortly after it filed to list another spot, Solana ETF, sponsored by Franklin Templeton on March 12. Several asset managers, including Grayscale, VanEck, 21Shares, ... (full story)