BlackRock Sidesteps the Solana ETF Showdown — Is It a Miss or Masterplan?

Fidelity’s Solana ETF, launching on November 19, 2025, with a 25-basis-point fee, marks the entry of traditional asset managers into the Solana ETF market. BlackRock, the world’s largest asset manager, is notably not participating in this competition. As major financial institutions move swiftly to capture market share in the growing Solana ETF sector, BlackRock’s decision to focus solely on Bitcoin and Ethereum products raises questions about the future of altcoin-based funds. Major Asset Managers Enter Solana ETF Arena The Solana ETF market is expanding quickly as several firms announce new products source: https://beincrypto.com/blackrock-solana-etf-absence-fidelity-launch/