Invesco and Galaxy Digital Aim for Solana ETF Approval

Invesco and Galaxy Digital Asset Management have taken a step towards bringing Solana exposure to traditional investors by filing for a new Exchange-Traded Fund (ETF) focused on the cryptocurrency. The companies registered an entity named “Invesco Galaxy Solana ETF” under the Delaware Division of Corporations as a domestic statutory trust on June 12, 2025. This move creates a way for those who prefer not to invest directly in SOL (Solana’s native token) to gain exposure through this readily available investment vehicle. With the filing submitted, it’s expected that Invesco and Galaxy Digital will soon file the official Form S-1 with the U.S. Securities and Exchange Commission (SEC) for final approval.