🚀 Gate Square Creator Certification Incentive Program Is Live!
Join Gate Square and share over $10,000 in monthly creator rewards!
Whether you’re an active Gate Square creator or an established voice on another platform, consistent quality content can earn you token rewards, exclusive Gate merch, and massive traffic exposure!
✅ Eligibility:
You can apply if you meet any of the following:
1️⃣ Verified creator on another platform
2️⃣ At least 1,000 followers on a single platform (no combined total)
3️⃣ Gate Square certified creator meeting follower and engagement criteria
Click to apply now 👉
Fidelity updates S-1 registration for Solana spot ETF
Fidelity has submitted an updated application for the Solana spot ETF to the SEC, removing the delay clause to move closer to launch. The fund is expected to stake nearly 100% of the SOL held, providing an annual yield of about 7%, while only keeping a small portion of liquidity for daily trading. Fidelity also plans to build its own price index for SOL.
This move comes after the company opened Solana trading on platforms such as Fidelity Crypto and Digital Assets, making it easier for individual and institutional investors to access. Solana is described by Fidelity as a blockchain that processes around 60,000 transactions per minute at extremely low costs.
At the same time, Bitwise and Grayscale have also launched a Solana ETF, with Bitwise's BSOL attracting $69.5 million just on the first day. The SEC has recently approved the 21Shares Solana Spot ETF, expanding the wave of altcoin ETFs in the US.