Fidelity Files for Solana ETF with SEC

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On March 25, the Chicago Options Exchange (CBOE) officially filed an application for approval of Fidelity's Solana ETF. Specifically, Cboe BZX - a subsidiary of the Chicago Options Exchange Group - submitted a document proposing rule changes (19b-4 form) to the U.S. Securities and Exchange Commission (SEC).

Fidelity's filing demonstrates growing interest in exchange-traded funds (ETFs) related to Solana, reflecting the trend of expanding investment products in the cryptocurrency market. If approved by the SEC, the Fidelity Solana ETF could become one of the first ETFs focused on Solana, helping to boost liquidity and institutional investor acceptance of this blockchain ecosystem.

On the same day, March 25, Solana also received two other positive pieces of news: Blackrock bringing the BUIDL fund to Solana and Polymarket announcing integration with the SOL network.

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