Fidelity and Canary Capital Launch Regulated Staking-Enabled Solana ETFs
Fidelity and Canary Capital this week rolled out regulated Solana ETFs that include staking features, allowing fund holders to earn network rewards on held SOL. The products aim to combine compliance and custody infrastructure with on-chain yield, giving retail and institutional investors an easier path to participate in Solana’s economics without running validators or managing keys.
The launches deepen institutional participation in Solana and underscore a broader industry shift toward yield-focused crypto products. By packaging staking rewards in a regulated ETF wrapper, the issuers could boost liquidity and long-term capital inflows while signaling greater regulatory comfort for tokenized financial products. Market watchers say such offerings may accelerate adoption among conservative allocators seeking yield exposure in addition to price upside.