RT Capital Markets (@capitalmarkets)This week Institutional access widened with four new ETF listings. And the net inflows in ETFs coincided with RWA growth across credit and stablecoins.Here's your weekly snapshot of Solana Capital Markets:ETFs:- @Fidelity, one of the world's largest asset managers, launched Fidelity Solana Fund (FSOL) on NYSE- @vaneck_us debuted the VanEck Solana ETF (VSOL) on Nasdaq with built-in staking via @solstrategies- @CanaryFunds launched Canary Marinade Solana ETF (SOLC) on Nasda ...

Core Insights - The SEC has approved Dimensional Fund Advisors to offer exchange-traded fund (ETF) share classes alongside traditional mutual fund shares, making it the second asset manager to secure this capability after Vanguard [1][2] - Dimensional is the first firm to apply this hybrid model to actively managed products, which could enhance its competitive position in the market [2][4] - The approval may lead to a broader trend of hybrid fund structures across the asset management industry, with nearly ninety other firms awaiting similar approvals [4][5] Group 1: SEC Approval and Hybrid Model - The SEC's order grants Dimensional exemptions from several provisions of the Investment Company Act of 1940, allowing for the operation of both ETF and mutual fund classes within the same fund structure [3][2] - The hybrid model enables asset managers to offer lower-cost ETF shares alongside traditional mutual fund shares, potentially attracting investors seeking tax efficiency and intraday trading [6] Group 2: Competitive Landscape - Vanguard pioneered the hybrid structure but primarily focuses on passive index funds, while Dimensional's approval extends this framework into active management, where higher fees and differentiation are typical [5] - James Seyffart from Bloomberg Intelligence predicts an imminent surge of approvals for firms awaiting similar authorizations, indicating a shift in the competitive landscape [5] Group 3: Solana ETF Market - VanEck launched the third U.S. Solana staking ETF, entering a competitive field where Bitwise and Grayscale have captured over $380 million since late October [7] - Fidelity is set to debut its Solana ETF on November 19, with a competitive fee structure, highlighting the scale advantage of larger asset managers in this category [8]

A Grayscale exchange-traded fund tracking the popular Dogecoin (DOGE) meme coin could begin trading next Monday, potentially adding to a growing list of U.S.-listed altcoin-focused products available to investors. The Grayscale Dogecoin Trust (DOGE), a conversion from an existing fund, would trade on the the New York Stock Exchange. Grayscale amended its S-1 prospectus earlier this month, triggering a countdown to its beginning, although NYSE must still file a notice for the listing. "We'll see, won't be ...