SEC Acknowledges Solana ETF Filing, Potential Market Shifts Expected by 2025

The Securities and Exchange Commission (SEC) has acknowledged Invesco Galaxy’s spot Solana ETF filing, marking the beginning of a crucial review process. This action could lead to significant market changes by October 2025. Invesco Galaxy is among several asset managers seeking SEC approval for Solana ETFs, signaling potential growth in this digital asset space. The SEC’s acknowledgement opens the door for institutional investment in Solana, potentially boosting its market influence and impact on related DeFi sectors.