Invesco and Galaxy Register Solana ETF Trust, Aiming for Launch

Invesco and Galaxy Asset Management have filed to create a Solana-focused Exchange Traded Fund (ETF) in Delaware, marking a significant step towards bringing more institutional interest in the cryptocurrency sector. This move is fueled by the growing demand for crypto ETFs, particularly as it pertains to altcoins. 2025 sees these two established firms join forces to launch the