Fidelity Joins Spot SOL ETF Race As Cboe Files with SEC

Cboe BZX Exchange has filed for approval to list Fidelity’s proposed SOL ETF, adding to the wave of recent ETF applications for the asset. The SEC must approve the filing before trading can begin. Other asset managers, including Franklin Templeton, Grayscale, and VanEck, have also submitted spot SOL ETF proposals. Bloomberg analysts estimate a 70% chance of approval this year, especially after CME introduced SOL futures earlier this month. Source: Cointelegraph