Solana Price Increases by 1%
The price of Solana (SOL) has risen by 1% in the past 24 hours, trading at $139 as of 4:00 a.m. EST. This slight increase comes amidst a 38% drop in daily trading volume, which now stands at $5.7 billion.
21Shares Files for Solana ETF
This price movement follows the news that 21Shares, a prominent asset manager in the cryptocurrency space, has officially filed for a new spot Solana ETF in the United States. The Chicago Board Options Exchange (Cboe) has already approved the registration and listing of this fund.
🚨JUST IN: The SEC website shows that @Cboe exchange has approved the listing and registration of the @21shares Solana ETF, clearing the way for its launch tomorrow. — SolanaFloor (@SolanaFloor) November 18, 2025
Institutional Access to Solana
The approval of the ETF could result in it beginning to trade almost immediately, offering institutional investors an easier way to buy and hold SOL without directly owning the coins. The ETF features a low management fee of just 0.21%, which is highly competitive in comparison to other cryptocurrency funds.
Fidelity Launches SOL ETF
🚨 ANOTHER $SOL ETF GOING LIVE! 🚨 🔥 FIDELITY'S $FSOL ETF LAUNCHES NOVEMBER 18! 🔥 📉 MANAGEMENT FEE: 0.25% — Crypto News Hunters 🎯 (@CryptoNewsHntrs) November 18, 2025
In addition to 21Shares, Fidelity has also launched a Solana ETF, $FSOL, on November 18, 2025, with a slightly higher management fee of 0.25%.
Author's Summary: Solana's recent price rise follows the launch of two Solana ETFs, with institutional access now easier due to low management fees from both 21Shares and Fidelity.