Table content
# Cboe BZX Formally Registers 19b-4 for Fidelity’s Solana ETF
The Cboe BZX exchange has presented a 19b-4 form to the United States Securities and Exchange Commission (SEC) for a unique Solana exchange-traded fund (ETF).
Cboe’s presentation to the SEC affirms that it has officially included Fidelity’s proposed Solana (SOL) ETF to the increasing rundown of altcoin-related applications before U.S. securities controllers.
Through the 19b-4 form, Cboe is looking for SEC endorsement for a proposed rule alteration that would permit the exchange to list and trade shares of the Fidelity Solana Fund. Before presenting the application to the controller, the Solana Trust was enrolled with CSC Delaware Trust Company.
Fidelity Investments presently joins a group of industry players looking for SEC endorsement for a spot Solana ETF, counting Canary Capital, Franklin Templeton, Grayscale, and VanEck.
The presentation of the 19b-4 application comes just a day after Fidelity looked for SEC endorsement for a blockchain-based fund that tracks its cash market fund.
## The ETF Competition Proceeds
As crypto.news highlighted, the company is looking to dispatch an ETF for its on-chain fund, the Fidelity Treasury Digital Fund. The fund, ticker FYHXX, holds cash and U.S. Treasury bonds.
With Cboe BZX’s presentation to the SEC, the competition for a spot ETF is warming up, and the market is attempting to evaluate request through the execution of Solana prospects ETFs. Florida-based Instability Shares propelled the Instability Shares Solana ETF and Instability Shares 2X Solana ETF on Walk 20, 2025.
The two items, with tickers SOLZ and SOLT, separately, saw noteworthy trading volume at dispatch, inciting analysts to anticipate potential request. BlackRock and Fidelity to Join XRP ETF Race
