On November 18th, Eastern Time, the Fidelity Solana Fund (ticker symbol FSOL) and the Canary Marinade Solana ETF (ticker symbol SOLC) officially listed on the NYSE and Nasdaq respectively, bringing the total number of listed Solana spot ETFs in the US to five. According to SoSoValue data, yesterday (November 18th, Eastern Time), Solana spot ETFs saw a total net inflow of $30.09 million. Specifically, FSOL saw a net inflow of $2.07 million on its first day of trading, with a trading volume of $8.58 million and a total net asset value of $5.38 million. SOLC saw no net inflow on its first day of trading, with a trading volume of $130,000 and a total net asset value of $820,000. The largest single-day net inflow was seen in the Bitwise Solana ETF (BSOL), with a net inflow of $23 million. Its historical total net inflow reached $388 million. As of press time, the Solana spot ETF had a total net asset value of $594 million, a net asset value ratio of 0.76%, and a historical cumulative net inflow of $420 million. The Fidelity Solana Fund supports cash or physical redemption, with a management fee of 0.25%. It supports Solana to generate additional returns through staking, with the manager and staking providers sharing 15%, and the remaining 15% going to investors. The Canary Marinade Solana ETF supports cash or physical redemption, with a management fee of 0.50%. It supports Solana to generate additional returns through staking, with the manager not receiving an additional share.
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