Fidelity now lets people in the United States buy and hold Solana through Fidelity Digital Assets, the branch that safeguards $5.8 trillion in customer property. The move removes legal and practical hurdles that once pushed U.S. buyers to offshore or unregulated venues to access SOL and places the token alongside Bitcoin and Ethereum in Fidelity’s ecosystem.
By expanding custody and trading support to SOL, Fidelity broadens mainstream access for both individual and institutional investors. The change signals growing acceptance of Solana as a standard offering within regulated platforms.
Fidelity revealed the plan on 23 Oct. 2025, the same week other heavyweights launched Solana-tied funds and won approvals in multiple countries. Customers can reach the new asset via the Fidelity Crypto app, through IRA accounts, or through the institutional custody unit—SOL now sits next to Bitcoin and Ethereum on the same menus.
News desks like Ambcrypto and Intellectia note that private U.S. issuers filed for Solana ETFs, and that Hong Kong greenlit a spot SOL ETF set to start trading on 27 Oct. 2025. These developments frame Fidelity’s rollout within a broader wave of Solana product launches.
Background and rollout
Fidelity’s note acknowledges two recent weak spots—Solana halted in Feb. 2024 and slowed in March 2025. Even so, the firm stresses that the network still pushes thousands of transactions every minute with fees that cost fractions of a cent, keeping it attractive versus other base layer blockchains; in plain terms, Fidelity holds the coins and guards the keys so the client does not have to.
Pension funds, corporations and other regulated bodies no longer need exotic setups to own SOL, since they can use familiar Fidelity channels. In terms of liquidity, fresh buying from these clients should deepen order books quoted by mainstream brokers and improve market depth.
SOL’s arrival at Fidelity cements a broader trend: large, rule-bound players now treat the token as a standard, regulated offering. Investors must judge whether added liquidity and access outweigh the chain’s history of brief stops, with the next checkpoint on 27 Oct. 2025 as Hong Kong’s first spot Solana ETF begins trading.
