Fidelity updates S-1 filing for spot SOL ETF

Fidelity has updated its S-1 registration statement for its proposed spot Solana (SOL) ETF, according to Eleanor Terrett, host of Crypto in America. The updated filing drops the “delaying amendment,” allowing the registration to take effect automatically without waiting for SEC approval. This move mirrors Bitwise, which launched its SOL ETF yesterday using the same approach. Terrett added that SEC Chair Paul Atkins commended firms using the 20-day statutory waiting period to go public amid the U.S. government shutdown, the same process Bitwise and Canary Capital used for their recent crypto ETF launches.