Invesco and Galaxy Launch Solana Trust, Signaling New Spot ETF Push

Invesco and Galaxy Digital have taken a crucial step toward launching a Solana exchange-traded fund (ETF) in the United States. The firms registered a trust named ‘Invesco Galaxy Solana Trust’ with the Delaware Division of Corporations. This initial registration, while not guaranteeing approval or listing, allows for continued regulatory filings and advancement towards a formal ETF product launch.