Key Takeaways
- Fidelity filed a Form 8-A12B to list its Solana ETF on the NYSE, signaling a significant regulatory step forward for the product.
- A Form 8-A12B is a standard requirement before an ETF can be traded on an exchange.
Fidelity filed a Form 8-A12B today to list its Solana ETF on the NYSE, marking a key regulatory step toward launching the exchange-traded fund focused on the digital asset.
Form 8-A12B is a regulatory filing with the Securities and Exchange Commission (SEC) used to register a class of securities for listing on a national securities exchange. The filing represents a standard procedure required before an ETF can begin trading on the exchange.
Fidelity joins a growing list of major financial institutions pushing into crypto ETFs amid renewed market momentum. The move follows the recent launch of two Solana ETFs that saw strong early demand.
Bitwise’s BSOL ETF debuted with $69.5 million in first-day inflows, making it one of the top crypto ETF launches of the year. Meanwhile, VanEck’s competing Solana ETF, VSOL, launched earlier today.
Source: https://cryptobriefing.com/fidelity-files-solana-etf-nyse/
