In short
- Cantor Fitzgerald disclosed its first reported Solana ETF position in a Form 13F filing for the third quarter.
- The stake totaled 58,000 shares worth $1,282,960, which corresponds to SOLZ’s quarterly share price of $22.12.
- A traditional company buying a Solana ETF helps reduce perceived risk for ordinary investors, Decrypt was told.
Cantor Fitzgerald disclosed its interests in a Solana exchange-traded fund in its latest Form 13F filing with the SEC, the first time the company has reported exposure to a regulated Solana product.
The position places a major Wall Street broker among institutions now showing officially documented interest in Solana-linked exchange-traded funds.
Filed with the SEC in mid-November, it became submit shows 58,000 shares of the Volatility Shares Solana ETF (Nasdaq: SOLZ). This was the state of affairs at the time of filing valued for $1,282,960.
Although the document does not mention a specific share price at the time of acquisition, Declutter found a corresponding figure according to historical facts from Google Finance showing that the fund closed at $22.12 on September 30, marking the end of the third quarter.
Declutter has reached out to Cantor Fitzgerald for comment on why it added exposure to a Solana-linked ETF during the quarter, and whether this reflects its broader evaluation of exchange-traded funds linked to digital assets.
The Volatility Shares Solana ETF provides futures-based exposure to Solana rather than holding the token directly. Trading began in March on the Nasdaq. “It’s really us being the first to market again,” Volatility Shares co-founder and CEO Justin Young told Declutter at the time.
Cantor’s revelation comes as one new wave of Solana ETFs arrived in US markets last month, with issuers such as Fidelity, Canary and VanEck rolling out their respective products.
These documents follow a broader push by issuers to launch spot products after the SEC deleted them in September.
Since then, asset managers have experimented with different approaches, from staking functions to index constructions and custodial institutions, to see how much investor interest extends beyond Bitcoin and Ethereum.
“When a company like Cantor Fitzgerald discloses Solana ETF exposure, it helps de-risk the category in the eyes of mainstream investors,” Jonathan Inglis, founder and CEO of crypto-focused consumer research firm Protocol Theory, told me. Declutter.
Citing their own research, Inglis notes that retail sentiment in APAC, for example, has remained cautious, with digital asset adoption “continuing to be driven by concerns around scams and security,” even as expectations for crypto’s long-term role continue to rise.
Of the more than 4,000 adults in the region, 65% of those from developed markets said they were “worried about scams and fraud,” while 31% “cited security concerns as the main barrier,” Inglis noted.
“Against this backdrop, a traditional company with a Solana ETF indicates that some of these attitudes are starting to shift from expectation to actual market behavior,” Inglis said. “Seeing a traditional company own a Solana ETF is evidence that this sentiment belief is changing in practice.”
Cantor’s move suggests that the traditional finance industry, more broadly, is “exploring exposure to Solana through the most familiar, low-friction channels available to ordinary investors,” rather than “being a niche product outside of core investment vehicles,” he added.
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