<ul data-eligibleForWebStory="true"><li>Invesco and Galaxy Digital have filed to launch a Solana exchange-traded fund (ETF), becoming the ninth issuer in the race for a U.S.-listed spot SOL ETF.</li><li>The firms registered the “Invesco Galaxy Solana ETF” as a statutory trust in Delaware on June 12, aiming to offer regulated exposure to Solana.</li><li>Invesco, a global investment management firm, and Galaxy Digital, a crypto-native financial services company, have previously collaborated on Bitcoin and Ethereum ETFs and are now extending their partnership to Solana.</li><li>The increasing interest in Solana ETFs is exemplified by various major players, such as Grayscale, VanEck, Bitwise, 21Shares, Canary Capital, Franklin Templeton, and Fidelity, filing for Solana-based ETFs. The SEC is reviewing technical details, and Bloomberg analysts estimate a 90% chance of approval for both Solana and Litecoin ETFs in 2025.</li></ul>

Ninth Solana ETF Bid Filed by Invesco and Galaxy

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