Solana Surges 7% As Fidelity Launches Solana Staking ETF

Fidelity Investments, one of the world's largest asset managers, on Tuesday launched its new Solana (CRYPTO: SOL) exchange-traded fund with staking.Fidelity Enters The Solana ETF MarketThe firm introduced the Fidelity SOL Fund under the ticker FSOL after filing a Form 8-A with the SEC on Monday. The ETF includes staking rewards, making it one of the few U.S.-listed funds to offer yield from a proof-of-stake cryptocurrency.Bitwise launched its Solana ETF in October, and Grayscale followed shortly after with ...