Overview
- Solana’s official account confirmed that Fidelity has added SOL trading for U.S. brokerage customers alongside Bitcoin and Ethereum.
- Fidelity’s rollout includes custody, with access available across Fidelity Crypto, crypto IRAs, wealth manager tools, and its institutional platform.
- SOL climbed about 5–6% intraday following the news, trading around $191–$192 on roughly $7 billion in 24-hour volume.
- Hong Kong’s Securities and Futures Commission approved a ChinaAMC spot Solana ETF scheduled to begin trading on October 27.
- Fidelity filed in March for a spot Solana ETF on Cboe BZX, while corporate holders such as Nasdaq-listed Solana Company have amassed significant SOL and are pursuing staking and custody partnerships.