Cantor Fitzgerald discloses stake in Solana ETF investment

On December 2, Cantor Fitzgerald, a financial services firm, revealed a $1.28 million stake in the Volatility Shares Solana ETF, marking its first reported exposure to a regulated Solana product. The investment stake increased institutional interest in Solana-linked ETFs as new products hit U.S. markets.

The filing, which was submitted to the U.S. Securities and Exchange Commission (SEC) in mid-November, lists 58,000 shares of the Volatility Shares Solana ETF (Nasdaq: SOLZ). At the time of filing, Volatility Shares Solana ETF position was valued at $1,282,960.

Cantor Fitzgerald reveals Solana ETF holdings performance

According to the SEC filing, as of September 30, 2025, Cantor Fitzgerald, L.P. had $11.37 billion in total holdings. MarketBeat report revealed that only 17 companies or exchange-traded funds (ETFs) account for 80% of Cantor Fitzgerald holdings, although the financial services firm has shares of 326 different equities.

The report revealed that during the third quarter, purchases for the financial services firm accounted for about 39.53% of the portfolio. Additionally, about 91.75% of the portfolio was sold during the third quarter. Cantor Fitzgerald acquired 428 new stocks and purchased additional shares in 104 stocks. 

Notably, during the quarter, Cantor Fitzgerald sold around 61 stock shares and completely divested from 239 stocks.

The SEC filing does not indicate a precise share price at the time of acquisition. As of September 30, on-chain data from Google Finance showed that the fund closed at $22.12, marking the end of the third quarter. As of December 2, the Volatility Shares Solana ETF (SOLZ) closed at $12.80, down $1.30 (−9.22%) from the previous closing of $14.10. 

On-chain data revealed that after-hours trading shows a bounce to $13.05, up $0.25 (1.95%). SOLZ traded within a daily range of $12.68 to $13.09 during regular trading hours.

Jonathan Inglis, Founder and CEO of crypto-focused consumer research firm Protocol Theory, claimed that the disclosure of Solana ETF holdings by a company like Cantor Fitzgerald helps de-risk the category from the perspective of ordinary investors.

New Solana ETFs increase following SEC approval

Cantor’s announcement coincides with the launch of a fresh round of Solana ETFs by issuers like Fidelity, Canary, and VanEck last month.

VanEck’s VSOL was the first to launch on November 17, debuting on exchanges with zero costs. Canary Capital, collaborating with Marinade Finance, followed with the SOLC ETF going out on November 18 to include on-chain staking within a commodity-trust structure.

According to the SEC report, Fidelity’s FSOL  followed with a 0.25% yearly cost, becoming the first Solana product from a principal traditional asset manager.

The launch of a new round of Solana ETFs mirrors a broader trend among issuers to introduce spot products to the market after the SEC certified them on September 18. SEC approved new generic listing requirements for commodity-based trusts. 

According to the SEC, the new standards authorized Nasdaq, Cboe BZX, and NYSE Arca to permit trusts that satisfy specific requirements to list without a separate Commission order. Additionally, the new rules ban leveraged and inverse structures, but enable a channel for commodities or crypto-linked products to qualify more rapidly.

As previously reported by Cryptopolitan, Grayscale Investments announced that the Grayscale Solana Trust ETF (GSOL) started trading on NYSE Arca as an ETP. According to the announcement, the launch made GSOL the first of Grayscale’s staking products to uplist under the new generic listing requirements authorized by the SEC.

Alongside the surge of Solana products, issuers are also starting to diversify into other digital assets.

On November 18, 21Shares submitted paperwork for a Canton Network ETF related to Canton Coin, marking one of the first attempts to bundle a token built around a permissioned chain into a regulated exchange-traded product.

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