Fidelity Investments has expanded its crypto offerings to include Solana, adding trading, custody, and IRA support for retail and institutional clients.
Quick Summary – TLDR:
- Fidelity has added Solana to its crypto offerings, expanding beyond Bitcoin, Ethereum, and Litecoin.
- U.S. brokerage clients can now trade and custody SOL directly, even in standard accounts.
- Fidelity Crypto now supports Solana across retail, IRA, and institutional platforms.
- This move signals broader institutional support for Solana as digital assets gain mainstream traction.
What Happened?
Fidelity Investments has officially added Solana (SOL) to its growing list of supported cryptocurrencies. The update brings trading and custody access for U.S. brokerage customers, alongside expanded support across Fidelity’s retail, institutional, and IRA crypto platforms.
This marks a significant step as Solana becomes the fourth crypto asset offered by the financial giant, following Bitcoin, Ethereum, and Litecoin.
BREAKING: @Fidelity, the asset manager with $5.8 Trillion in AUM, makes SOL accessible for all US brokerage customers 🔥 pic.twitter.com/t5F1DauESm
— Solana (@solana) October 23, 2025
Solana Goes Live Across Fidelity Platforms
Fidelity Digital Assets has expanded its support for Solana across multiple product lines:
- Fidelity Crypto for Retail Investors.
- Fidelity Crypto for IRAs.
- Fidelity Crypto for Wealth Managers.
- Institutional Trading Platforms.
Customers can now buy, sell, and trade Solana directly, with commission-free transactions on Fidelity Crypto, although a spread of up to 1 percent is applied.
Even more notably, standard brokerage account holders can now access Solana without needing a specialized digital asset account. This removes a key barrier for everyday investors looking to diversify into blockchain assets.
A Fidelity spokesperson commented:
More Than Just Trading: Custody, IRAs, and ETFs
Fidelity’s support for Solana is not limited to trading alone. The asset manager now offers custody options, allowing customers to hold SOL securely alongside their existing Bitcoin, Ethereum, and Litecoin holdings.
In April 2025, Fidelity launched a crypto Individual Retirement Account (IRA), providing tax-advantaged investing in digital assets. Initially focused on BTC, ETH, and LTC, the IRA now includes Solana as a supported asset.
Fidelity has also been a key player in the ETF space, with its spot Bitcoin and Ethereum ETFs managing $22 billion and $3 billion, respectively. The firm filed for a spot Solana ETF in March, signaling deeper institutional interest in the asset. The application is still under regulatory review.
Broader Institutional Momentum for Solana
Fidelity’s move reflects a wider trend of growing institutional confidence in Solana. Public companies are adopting SOL for treasury strategies, while new players like Nasdaq-listed Solana Company have acquired millions of tokens to bolster their balance sheets.
Solana Company has partnered with Helius and Twinstake to explore non-custodial staking and is in talks with Anchorage Digital for secure custody solutions.
Fidelity’s endorsement adds another layer of legitimacy to these efforts, especially as it continues to build out tokenized assets and Ethereum-based treasury products across its ecosystem.
SQ Magazine’s Takeaway
I’ve been watching the evolution of traditional finance into the crypto space for years, and this one stands out. Fidelity isn’t just dipping a toe in. They’re all in, and adding Solana is a big vote of confidence for the blockchain’s future. This opens the door for millions of U.S. investors to explore Solana with the trust and tools of a legacy institution. If you’re wondering when crypto goes mainstream, this is it.
