Fidelity Solana Fund(FSOL.US)

00:28 ET Inside Zoomex: What "Proof Over Promises" Means in Practice

Zoomex, a cryptocurrency exchange founded in 2021, emphasizes transparency in asset custody, settlement, and withdrawals, which are now critical for traders. A recent review highlights its user-friendly design, including the Transparent Vault for asset visibility and a clear profit flow system. Zoomex aims to reduce confusion and risk through a minimalist interface and real-time data. The platform has undergone external security testing and operates under various regulatory frameworks, ensuring reliability during withdrawals. This focus on transparency and clarity is reshaping expectations in the crypto trading landscape.

The US Solana spot ETF saw a net inflow of $3.08 million in a single day.

The Solana spot ETF experienced a net inflow of $3.08 million on January 20th, with the Fidelity SOL ETF (FSOL) leading at $2.25 million and a total of $145 million historically. The Franklin SOL ETF (SOEZ) followed with $1.09 million and a total of $3.33 million historically. The Solana spot ETF's total net asset value is $1.07 billion, with a net asset value ratio of 1.49% and cumulative net inflows of $867 million.

TROVE token’s 97% wipeout: From $11.5 mln presale to rug-pull accusations

On January 20, Trove Market launched its TROVE token, raising $11.5 million in an ICO presale. However, the launch was marred by accusations of a rug pull, as the token's value plummeted 97.5% shortly after launch. The market cap dropped significantly, and community backlash intensified due to the team's decision to retain $9.3 million for development. Allegations of mismanagement and liquidity issues further fueled negative sentiment, leading to fears of continued losses for investors. The token's future remains uncertain, with potential for further decline if confidence isn't restored.

Fidelity Solana Fund | 10-Q: FY2025 Q3 Revenue: USD 0