Fidelity's spot Solana ETF edges closer to approval as SOL slides 15% amid Trump tariffs turmoil

U.S. Securities and Exchange Commission acknowledged Fidelity’s application for a spot Solana ETF, an incremental step that edges the product closer to approval.Solana, the seventh-largest cryptocurrency by market cap, fell 15% amid a broad market decline amid fallout from President Donald Trump’s tariffs.