CSC registers 'Fidelity Solana Fund' statutory trust in possible step towards ETF filing

CSC Delaware Trust Company registered a new statutory trust named “Fidelity Solana Fund,” a new filing shows, in a possible sign that Fidelity plans to file for a Solana-based exchange-traded product. A Fidelity spokesperson declined to give additional details on the filing.Several other asset managers, including VanEck, ProShares, GrayScale, and more have filed applications for Solana ETFs in the past, according to The Block’s ETF tracker, though none have yet been approved. Fidelity manages the second-largest Bitcoin ETF by AUM.