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Invesco-Galaxy’s Solana Proposal Boosts Solana ETF Approval Odds This July 

  • Invesco and Galaxy Digital have filed for a Solana (SOL) Exchange Traded Fund (ETF), increasing the likelihood of approval this year.
  • Coinbase Custody is proposed to hold the underlying asset (Solana) for the ETF, which is expected to trade on the Cboe BZX exchange under the ticker QSOL.
  • Seven other asset managers, including Franklin Templeton and Fidelity Investments, have also updated their SOL ETF applications, with a high approval chance as per analysts.
  • The US Securities and Exchange Commission (SEC) could make a decision on the SOL ETF applications by October 10, 2025, with possible approval announcements as early as July.

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