Invesco and Galaxy Take Very First Action Towards a Solana ETF Release

Invesco and Galaxy Digital have actually registered a Solana ETF trust in Delaware as SEC evaluates staking features.

Invesco and Galaxy Digital registered a brand-new trust in Delaware as part of their upcoming Solana ETF filing process. The SEC asked providers to change S-1 filings, signaling possible openness to staking within ETF structures. Two financial giants, Invesco and Galaxy Digital, have formally registered the Invesco Galaxy Solana ETF as a Delaware Statutory Trust. For astute crypto market gamers, this is an early signal that the Solana spot ETF might quickly enter a bigger stage. BREAKING: INVESCO Galaxy @Solana ETF registered in Delaware. Invesco is a global investment company with $1.8 trillion AUM. Remarkably, this is not the only attempt to bring Solana to the exchange by means of the ETF route. On the other hand, as we previously reported, Fidelity even received main recognition from the SEC to start the process of examining their Solana ETF item.

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Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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