Invesco & Galaxy File for Solana ETF in US Market

Invesco & Galaxy File for Solana ETF in US Market
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Invesco and Galaxy Digital have registered a Solana ETF trust in Delaware, signaling a potential new crypto investment product. The move follows growing market optimism around SEC approval for Solana-based ETFs. If approved, this ETF would offer regulated exposure to Solana without direct asset ownership.

  • Invesco and Galaxy Digital registered the 'Invesco Galaxy Solana ETF' trust in Delaware, a precursor to SEC filing.
  • Market prediction platforms show a 91% chance of Solana ETF approval by 2025, with potential greenlighting as early as July.
  • The SEC is reportedly considering allowing staking within ETFs, which could enhance investor returns.
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