Invesco Capital Management LLC and Galaxy Digital have filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission for the Invesco Galaxy Solana ETF
Invesco Capital Management LLC and Galaxy Digital have filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission for the Invesco Galaxy Solana ETF, according to the submission made on 25 June. The proposed fund, which would trade on the Cboe BZX Exchange under the ticker QSOL, aims to track the spot price performance of the Solana cryptocurrency (SOL).
The application marks the ninth spot-Solana exchange-traded fund filing to reach the SEC, underscoring accelerating interest among asset managers in expanding crypto-currency offerings beyond Bitcoin and Ether. Invesco and Galaxy collectively oversee about $400 billion in assets, giving their bid additional weight as regulators weigh whether to approve a U.S. product tied directly to Solana’s market price.
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