Fidelity ETF Filings and other findings
Fidelity most known as the bedrock for 401(k) and mutual fund offerings for retail. This week Fidelity has been very busy in terms of filings
Fidelity files for spot Solana ETF with CBOE Chicago Board of Exchange), they did this via filing a form known as 19b-4 with the SEC on Tuesday. Don't look now but Fidelity is already behind three other firms. Specifically, Franklin Templeton, Grayscale, and VanEck. This weeks filing follows last weeks Fidelity 19b-4 submission for SOL ETF
Fidelity To Launch Crypto Stablecoin In Digital Asset Push
Using my one (1) free article on Bloomberg I was able to read about Fidelity is exploring launching its own Stablecoin. Fidelity, did admit they are alread in the process of testing a Stablecoin (yeah, no mention which coin that is)
Last but not least from Fidelity on March 21 they filed forms to launch a tokenized Money Market Fund (MMF).
This fund would utilize the Ethereum network initially and depending upon the success of the fund may or may not move to incorporate other networks.
In other news, President Trump’s World Liberty Financial Launches USD1 Stablecoin
This fund would be 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. I am scratching my head as to why release it into such a crowded field with more offerings coming, just read two paragraphs up in this blog. Perhaps I am missing the point that its geared to major institutions and sovereign investors who can integrate USD1 into their strategies for seamless, secure cross-border transactions. Maybe their is some hook the USA's Genius Act that was passed recently that I missed?
Another Oddity of the week
CME Group Partners with Google Cloud to Explore Tokenization - this one makes more sense the goal is to utilize the Google Cloud Universal Ledger (GCUL) for collateral, margin, settlement and fee payments as the world moves toward 24/7 trading. The goal is to have this up and running in 2026
Summary
The ETF filings continue to come out of the woodwork almost as IF the firms were waiting on a catalyst? Hmm. Fidelity is quickly ramping up all forms of retail offerings from ETF's to Money Market Funds. World Liberty is jumping into a crowded Stablecoin space and CME will be working with Google Cloud for lots of cool ledger use in 2026.
Credits
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