{"id":91173,"date":"2025-11-18T21:04:38","date_gmt":"2025-11-18T18:04:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91173"},"modified":"2025-11-18T21:05:26","modified_gmt":"2025-11-18T18:05:26","slug":"fidelity-and-canary-capital-launch-solana-etfs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fidelity-and-canary-capital-launch-solana-etfs\/","title":{"rendered":"Fidelity and Canary Capital Launch Solana ETFs"},"content":{"rendered":"

On November 18, trading commenced for spot exchange-traded funds based on Solana<\/a> from Fidelity (FSOL) and Canary Capital (SOLC) on the NYSE Arca and Nasdaq exchanges, respectively.<\/p>\n

\"image\"
Source: SoSoValue<\/a>.\u00a0<\/strong><\/figcaption><\/figure>\n

At the time of writing, FSOL’s trading volume reached $3 million, while SOLC’s was significantly lower at approximately $35,000. Data on AUM<\/span> and inflows are not yet available.<\/p>\n

According to a statement<\/a> from Canary, their ETF<\/a> provides access to the native SOL token through the Marinade liquid staking<\/a> protocol.\u00a0<\/p>\n

The competing product also earns rewards through coin locking.\u00a0<\/p>\n

Nate Geraci, President of NovaDiusWealth, noted<\/a> that Fidelity, the world’s third-largest asset manager, launched direct SOL trading and a spot ETF based on the asset almost simultaneously.<\/p>\n

\n

“Welcome to the future. Still surprised that BlackRock is sitting this one out,” he added.\u00a0<\/p>\n<\/blockquote>\n

Since the debut of the spot SOL-ETF from Bitwise<\/a> on October 28, products in the segment have recorded a 15-day inflow streak. Other funds include GSOL from Grayscale<\/a> and VSOL from VanEck.\u00a0<\/p>\n

\"image\"
Source: SoSoValue.<\/figcaption><\/figure>\n

Cumulative net inflows into these instruments have reached $390 million (excluding the two new products). The total assets under management amount to $513.48 million, representing 0.71% of Solana’s market capitalization.<\/p>\n

On November 13, trading began<\/a> on Nasdaq for spot ETFs based on XRP<\/a> under the ticker XRPC from Canary Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"

On November 18, trading commenced for spot exchange-traded funds based on Solana from Fidelity (FSOL) and Canary Capital (SOLC) on the NYSE Arca and Nasdaq exchanges, respectively.<\/p>\n","protected":false},"author":1,"featured_media":91174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Fidelity and Canary Capital launch Solana ETFs on NYSE Arca and Nasdaq.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1159],"class_list":["post-91173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"149","promo_type":"1","layout_type":"1","short_excerpt":"Fidelity and Canary Capital launch Solana ETFs on NYSE Arca and Nasdaq.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91173"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91173\/revisions"}],"predecessor-version":[{"id":91175,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91173\/revisions\/91175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91174"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}