Altcoins News
By Maheen Hernandez
1 / 15
Invesco Galaxy Solana ETF: A New Way to Access SOL. According to Cboe's SEC filing, the Invesco Galaxy Solana ETF will be classified as a…
2 / 15
Solana ETF Filing Emphasizes Market Integrity. Cboe’s argument in favor of the ETF centers on Solana’s strong market structure.
3 / 15
Building on the Success of Prior SOL ETFs. The Invesco Galaxy Solana ETF builds on momentum generated by the recent REX–Osprey Sol + Staking…
4 / 15
Solana’s Market Outlook Post-Filing. The proposal for the Invesco Galaxy Solana ETF comes at a time when Solana (SOL) is trading at…
5 / 15
Cboe Also Files for Injective ETF With Staking Feature. In a related development, Cboe BZX has also proposed listing the Canary Staked INJ ETF, which…
6 / 15
The Cboe BZX Exchange has officially filed with the U.S. Securities and Exchange Commission (SEC) to list the Invesco Galaxy Solana ETF, a new investment vehicle that would…
7 / 15
The filing outlines a structure designed to allow investors to benefit from spot Solana exposure, while also offering staking rewards through trusted providers.
8 / 15
According to Cboe's SEC filing, the Invesco Galaxy Solana ETF will be classified as a commodity-based trust under BZX Rule 14.11.
9 / 15
Invesco Capital Management will act as the sponsor of the fund, with Fidelity handling administration and distribution.
10 / 15
The ETF will also support both cash and in-kind creations and redemptions, offering flexibility for institutional and retail investors alike.
11 / 15
Cboe’s argument in favor of the ETF centers on Solana’s strong market structure. The filing highlights Solana's average daily trading volume of $2 billion, 24/7 global liquidity,…
12 / 15
Additionally, the filing notes that Solana's decentralized nature, open-source protocol, and arbitrage opportunities help limit insider trading and fraudulent activity.
13 / 15
Although Solana futures began trading on the CME in March 2025, they have not yet met the "significant size" requirement.
14 / 15
The Invesco Galaxy Solana ETF builds on momentum generated by the recent REX–Osprey Sol + Staking ETF (SSK), which was the first spot Solana ETF with staking functionality to…
15 / 15
This structure helps sidestep some of the regulatory complications that have plagued earlier digital asset investment vehicles, while also providing a more tax-efficient…
The Currency Analytics
Want the full story?