Fidelity Launches FSOL Fund, Bringing Major Wall Street Name to Solana ETFs
Fidelity has introduced the Fidelity Solana Fund (FSOL), marking its third crypto ETF and its first with staking features. The fund began trading on the NYSE Arca on November 18, 2025. FSOL offers investors staking-enabled exposure to Solana (SOL) without the need to directly own the tokens.
Currently, the U.S. spot Solana ETF market includes three funds. Bitwise BSOL, which launched in late October 2025, has seen $450 million in inflows and is noted as one of the strongest ETF debuts of the year. Canary Capital plans to offer the Canary Marinade Solana ETF (SOLC) on Nasdaq, and VanEck introduced its Solana ETF earlier in the same week as Fidelity's launch.
Fidelity's crypto product lineup also includes spot Bitcoin and Ether funds, a tokenized share class for a Treasury fund, and a blockchain-based interest token. The company has been exploring digital assets since 2014. With the launch of FSOL, Fidelity brings a significant Wall Street presence to the growing Solana ETF market, raising its profile among institutional investors and the broader market.
