Fidelity and Canary Marinade Set to Launch Spot Solana ETFs on Tuesday
Bloomberg ETF analysts confirmed that the Fidelity Solana ETF (FSOL) and the Canary Marinade Solana ETF (SOLC) will launch on Tuesday, increasing the number of spot Solana ETFs available to traders to five. The new listings arrive amid ongoing inflows into Solana-focused funds, a sign of sustained investor interest, yet SOL’s spot price has moved lower in recent sessions.
The launches matter because more ETF options can broaden access and deepen liquidity for SOL, potentially attracting additional institutional and retail capital. At the same time, the divergence between ETF inflows and the token’s price highlights that fund demand doesn’t always translate into immediate upward price pressure — factors like profit-taking, broader crypto market trends, and arbitrage flows can mute near-term impact. Market participants will likely watch fund flows, trading volumes and premiums closely in the days after the debut.