Regulation
CBOE Files 19b-4 For Fidelity’s Solana ETF With US SEC
CBOE has filed its 19b-4 form for Fidelity’s Spot Solana ETF with the US Securities and Exchange Commission (SEC). With this move, Fidelity joins a growing list of asset managers that have filed with the US SEC to offer a SOL ETF.
CBOE Files List And Trade Fidelity’s Solana ETF
In a 19b-4 filing, CBOE officially declared its intention to list and trade Fidelity’s Solana ETF with the US SEC. This move formally kicks off the process for the Commission to either approve or deny Fidelity’s application to offer a Solana ETF, which will be tradable on the CBOE exchange.
This development comes just days after the billion-dollar asset manager filed to incorporate the SOL ETF in Delaware, raising speculations that a filing with the US SEC would come next.
Fidelity joins a host of other asset managers, including Grayscale, Franklin Templeton, Bitwise, Canary Capital, 21Shares, and VanEck, that have already filed to offer a Solana ETF.
Fidelity has been busy in the crypto space lately. The asset manager also recently filed a tokenized US Dollar money market fund on Ethereum. The firm also hinted at expanding the money fund to other networks in the future.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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