Invesco Capital Administration LLC and Galaxy Digital have filed a Kind S-1 registration assertion with the U.S. Securities and Alternate Fee for the Invesco Galaxy Solana ETF
Invesco Capital Administration LLC and Galaxy Digital have filed a Kind S-1 registration assertion with the U.S. Securities and Alternate Fee for the Invesco Galaxy Solana ETF, in accordance with the submission made on 25 June. The proposed fund, which might commerce on the Cboe BZX Alternate underneath the ticker QSOL, goals to trace the spot value efficiency of the Solana cryptocurrency (SOL).
The applying marks the ninth spot-Solana exchange-traded fund submitting to achieve the SEC, underscoring accelerating curiosity amongst asset managers in increasing crypto-currency choices past Bitcoin and Ether. Invesco and Galaxy collectively oversee about $400 billion in belongings, giving their bid extra weight as regulators weigh whether or not to approve a U.S. product tied on to Solana’s market value.
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