Fidelity’s Solana ETF: A Cosmic Leap for Crypto, or Just Another Bad Hair Day?

🚀 In a twist that’s either genius or cosmic-level chaos, Fidelity has yanked a “delaying amendment” from its Solana ETF paperwork, because apparently, waiting for the SEC to sneeze before launching felt “too 2023.” Now the ETF will auto-activate in 20 days-like a rocket with a countdown timer set by someone who’s really late to the party. Bitwise, ever the enthusiastic sidekick, also filed its own version, because why not turn this into a crypto-themed Space Race 2.0?

🌌 The SEC, now demoted from “gatekeeper” to “bystander,” probably didn’t see that coming. Meanwhile, Solana enthusiasts are sharpening their pitchforks, ready to trade blockchain for brokerage accounts. Because nothing says “financial wisdom” like letting your average Joe trade crypto via platforms that still think Bitcoin is a new kind of pizza topping. 💸

🚨 Pro tip: If you hear a “whooshing” sound next week, it’s either the ETF launching or the entire concept of fiscal responsibility exiting the building. 🙃

Read More

2025-10-30 10:51