Institutional Interest in Solana Products Grows
Cantor Fitzgerald disclosed on December 2 a $1.28 million position in the Volatility Shares Solana ETF (SOLZ), marking its first reported exposure to a regulated Solana-linked product. According to the filing submitted to the U.S. Securities and Exchange Commission (SEC), the firm holds 58,000 shares of the ETF, boosting institutional interest as new Solana products enter U.S. markets.
The filing shows that Cantor Fitzgerald held $11.37 billion in total assets as of September 30, 2025. During the third quarter, the firm added 428 new positions and increased holdings in 104 assets, while selling 61 and fully exiting 239. SOLZ closed the third quarter at $22.12 and ended December 2 at $12.80, with after-hours trading lifting the price to $13.05.
Broader Rollout of Solana ETFs
The disclosure aligns with a broader rollout of Solana ETFs following the SEC’s approval of generic listing requirements for commodity-based trusts. VanEck launched VSOL on November 17, followed by Canary Capital’s SOLC ETF on November 18 in collaboration with Marinade Finance. Fidelity introduced FSOL with a 0.25% annual fee, marking its first Solana-focused product.