<ul data-eligibleForWebStory="false"><li>Invesco and Galaxy Digital have officially applied to launch a Solana ETF, offering investors a regulated way to access Solana tokens.</li><li>The fund's strategy involves staking Solana assets to increase revenue, with proposals submitted to the SEC, joining other companies in the market.</li><li>The ETF, named the Invesco Galaxy Solana ETF, would trade on the Cboe BZX Exchange under ticker symbol QSOL, with custodians Bank of New York Mellon and Coinbase Custody.</li><li>There is a high probability of Solana ETF approval in 2025, indicating growing institutional interest in altcoins beyond Bitcoin and Ethereum.</li></ul>

New Solana ETF Bid Filed by Invesco and Galaxy with the SEC

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