Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test'
Portfolio Pulse from
Fidelity Investments is preparing to launch a US dollar-pegged stablecoin and has filed for a Solana (SOL) ETF, signaling an aggressive expansion into digital assets. The moves come amid a potentially more crypto-friendly regulatory environment, with the firm also developing an Ethereum-based share class for its money market fund.
March 26, 2025 | 9:45 am
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Fidelity's SOL ETF application could signal increased regulatory acceptance and mainstream investment interest in Solana.
The ETF filing represents a significant validation of Solana's technological potential and could attract institutional investors if approved.
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IMPORTANCE 85
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