Fidelity and Canary Capital Expand Regulated Solana Access With SOL ETFs

Bitcoin has shown renewed strength as inflows to spot Bitcoin ETFs have resumed, although analysts question whether the price can reach the $105,000 mark. Recent data indicates a fluctuating market, with Bitcoin's price briefly hitting $90,000 before facing challenges in sustaining this rally.

Bitcoin (BTC) has surged past the $96,000 mark this week, driven by significant inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and a favorable U.S. Consumer Price Index (CPI) report, which alleviated inflation concerns. This price movement marks the end of a prolonged consolidation phase, leading to a wave of bearish liquidations as short sellers exited their positions.

Bitwise has officially listed Bitcoin, Ether, and Solana exchange-traded products (ETPs) on Nasdaq Stockholm, providing local investors with regulated access to these cryptocurrencies through spot and staking-based products. This move marks a significant expansion of Bitwise's presence in the European market.

In the latest Crypto Long & Short Newsletter, Josh Olszewicz from Canary Capital discusses the current state of equity markets and liquidity, noting early signs of a bullish trend in cryptocurrency, while Joshua de Vos analyzes ten major blockchain ecosystems and the trends to monitor as 2026 approaches.

Solana's price has surged by 25% from its lowest level in December, coinciding with a significant increase in active addresses on the network, reaching a six-month high. This uptick in user engagement suggests growing interest and activity within the Solana ecosystem.

Solana has publicly criticized Ethereum's Layer 2 solution, Starknet, highlighting a significant disparity between its high valuation and low user activity. This critique raises concerns about the sustainability of such valuations in the cryptocurrency market.

Bitcoin exchange-traded funds (ETFs) have experienced significant fluctuations in early 2026, with traditional funds attracting $46 billion, while crypto funds lag behind amid a downturn in investor sentiment.

Bitcoin's price has reclaimed the $95,000 mark, buoyed by strong demand for spot exchange-traded funds (ETFs) and a decrease in futures selling pressure, which has helped stabilize market sentiment after a period of volatility. As of the latest update, Bitcoin was trading at approximately $95,033, reflecting a 3.2% increase.