Who even had time to blink before the Solana ETF race turned into a free-for-all? 🤯 Bloomberg’s Eric Balchunas says Fidelity, the asset manager with more zeros in its AUM than a NASA budget ($6.4 trillion!), is launching FSOL on Nov 19 with a 25 bps fee. Because nothing says “luxury” like paying 0.25% to own a token that might crash tomorrow. 💸🤷♂️
But wait! Bitwise already stole the early lead with $450 million in BSOL. Grayscale’s slithering in too, because why not? 🐍 And now VanEck’s throwing a zero-fee bait-and-switch with VSOL-free for the first $1B, but don’t worry, you’ll pay later. Classic. 🤑💸
Fidelity Solana ETF $FSOL is slated to launch TOMORROW. Fee is 25bps. Easily the biggest asset manager in this category with BlackRock sitting out. $BSOL got out first, has $450m, $VSOL launched today, Grayscale is in mix. Game on.
– Eric Balchunas (@EricBalchunas) November 17, 2025
Meanwhile, Canary Funds thinks they’re clever with their SOLC staking ETF, partnering with Marinade Finance. Bold move… or a cry for help. 🤡 If staking is the new “value add,” congrats, we’ve all lost our minds. 🌀
VanEck Launches VSOL with Zero Fees for Early Investors
VanEck’s VSOL is giving zero fees? Because nothing says “trust us” like charging 0.3%… just not for the first $1 billion. Sneaky, but I respect the hustle. 👀💸
Canary Funds Launching Solana ETF
Canary Funds thinks they’re clever by staking with Marinade… but let’s be honest, if you’re managing staking, you’re one bad rug pull away from needing a therapist. 🤯💔
Impact on Solana Price
And the price? Up 20%? Sure, because nothing says “investment” like buying high and hoping the next ETF launch covers your losses. Classic! 🚀🤷♂️
Solana’s currently trading at $138, down 2.89%… because nothing says “confidence” like dropping after all this hype. Welcome to crypto, where the only thing more volatile than the price is the narrative. 💸🤣
Read More
- Silver Rate Forecast
- Gold Rate Forecast
- Красный Октябрь акции прогноз. Цена KROT
- MSCI’s Digital Asset Dilemma: A Tech Wrench in the Works!
- Dogecoin’s Big Yawn: Musk’s X Money Launch Leaves Market Unimpressed 🐕💸
- Bitcoin’s Ballet: Will the Bull Pirouette or Stumble? 💃🐂
- Guardian Wealth Doubles Down on LKQ Stock With $1.8 Million Purchase
- Binance and Botim Money Join Forces: Crypto in the UAE Gets a Boost-Or Does It? 🚀
- Twenty One Capital’s NYSE debut sees 20% fall – What scared investors?
- Monster Hunter Stories 3: Twisted Reflection gets a new Habitat Restoration Trailer
2025-11-18 14:26