Investco, Galaxy for Spot Solana Etf file as a ninth bidding star-news.press/wp

Nine asset managers are now looking to launch a box that has been traded on the Stock Exchange (ETF) that follows Solana, with the latest Investco to join bids as the company is looking to push the products beyond Bitcoin and Ethereum.

In the organization presentation On Wednesday, INVESCO and Galaxy Digital were launched to Etf Investco Galaxy Solana, which aims to track the immediate price of Solana (Sol), the sixth largest encrypted currency depending on the maximum market.

It is the ninth deposit of the ETF agreement that follows Solana, as it joins bids such as Vaneck, BitWise, and the giant Crypto ETF.

Companies are looking to test the market appetite for the so -called Altcoins after the great success in the Bitcoin (BTC) investment funds (BTC), which was launched in early 2024 and a more moderate victory with the money -related money (ETH) that was later launched that year.

The Trump administration has promised to reduce the regulations related to encryption, which led to an explanation of a wave of optimism through the sector that witnessed that Bitcoin struck new levels and raised a list of public companies to collect billions collectively to invest in Bitcoin in the long term.

Investco Galaxy Fund for Solana Contract Direct

Invesco and Galaxy’s Filt, a S-1 registration statement that tells the Securities and Stock Exchange committee that plans to launch security, explains that the planned ETF is planning to contract directly Solana-such as other competing investment funds.

If the organizer approves it, the ETF will trade the CBOE BZX exchange under the “QSOL” index.

Companies will need to provide the so-called 19B-4 Form, which records the changing of the base with the Supreme Education Council, in order for the agency to start the process of approval of the ETF.

This is a developing story, and more information will be added when available.

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