Fidelity is not just joining the Solana ETF market; it’s aiming to dominate it. The launch of the Fidelity SOL Fund (FSOL) comes with a disruptive offer: zero fees until May 2026, combined with a built-in staking mechanism.
This powerful one-two punch of cost advantage and yield generation puts immediate pressure on other funds like those from Bitwise and Grayscale.
By leveraging its massive scale as the biggest player in the race, Fidelity is forcing a new standard for what a crypto ETF can offer.
