In a move signaling increasing institutional confidence, investment giant Cantor Fitzgerald has publicly disclosed a massive stake in a Solana (SOL) exchange-traded fund.
Its latest Form 13F filing with the U.S. Securities and Exchange Commission shows 58,000 shares of the Volatility Shares Solana ETF (SOLZ), worth approximately $1.28 million.
Volatility Shares, one of the most aggressive ETF issuers in the crypto space, manages the SOLZ fund, which gives investors futures-based exposure to Solana rather than holding the industry’s seventh-largest cryptocurrency directly. The disclosure indicates institutional appetite for alternatives to investment vehicles based on crypto assets beyond Bitcoin and Ether.
The Volatility Shares Solana ETF went live on the Nasdaq in March, featuring a management fee of 0.95% until June 30, 2026, when the fee will increase to 1.15%.
Cantor’s filing comes as a new wave of SOL ETFs arrived on Wall Street last month, with asset managers including Fidelity, Grayscale, Bitwise, Canary Capital, and VanEck launching their respective funds. Most of these ETFs offer staking yields, where Solana tokens are locked up on the blockchain to earn rewards.
Issuers have been flooding the market with crypto-based exchange-traded funds after the SEC adopted new listing standards in September, allowing for quicker approvals that don’t require an assessment of each ETF.
The Solana ETFs bucked the trend seen by Bitcoin and Ethereum funds that posted record outflows during October and November by notching multiday inflow streaks, even as the crypto market was deep in the red.
Despite the significant investor appetite for these Solana products, the price of the token has not kept pace and has been in a downtrend since hitting its current record high of $293.31 in January 2025.
SOL was trading hands at $130.59 as of publication time, representing a 4.1% drop over the last seven days, according to CoinGecko data.
Source: https://zycrypto.com/wall-street-titan-cantor-fitzgerald-makes-strategic-1-28-million-solana-etf-bet-sec-filing-shows/
