Fidelity Launches FSOL, Solana ETF with Staking and 18-Month Fee Waiver

Fidelity has launched its Solana ETF, the Fidelity SOL Fund (FSOL).

The fund distinguishes itself with two key features: a staking component that generates yield for investors and a full waiver of its 0.25% expense ratio and 0.15% staking fee until May 18, 2026.

Fidelity is now the third and largest asset manager to offer a Solana ETF, a move analysts call a major escalation in the crypto ETF landscape.