Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz

Invesco, Galaxy Digital file to launch Solana ETF in Delaware amid SEC approval buzz

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  • Invesco and Galaxy Digital presented for Solana ETF in Dilayer amid SEC approval expectations.
  • SEC may agree on Solana ETFS in an urgent time schedule of three to five weeks.

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Investco and Galaxy Asset Management, the fund management arm at Galaxy Digital, has registered confidence in Dilayer for the proposed Solana ETF, which is an essential early step towards the fulle launch. The deposit indicates that the official SEC application may be imminent.

Once INVESCO and Galaxy Asset Management to submit an official request to SEC, companies will formally join the growing list of asset managers who seek to launch Solana ETF in the United States.

To date, this menu includes gray, Van, BitWise, 21shares, Canary Capital, Franklin Templeton, and Fidelity. In fact, almost every Bitcoin and ETHEREUM ETFS is followed by the American -based American list, with the exception of Blackrock.

The last step comes by Invesco and Galaxy amid increasing optimism about the potential SEC approval of Solana ETFS. Pick this week after that Reports SEC has participated directly with ETF exporters, which directed them to provide the revised S-1 registration data.

Required reviews indicate a possible rapid tracking of the approval process, which some sources believe can be concluded within three to five weeks. According to the Securities and Stock Exchange, the Securities and Stock Exchange indicated its openness to the interest within the ETF structure.

Bloomberg Etf Erik Eric Balunas and James Sevart estimated a 90 % opportunity to agree to Solana and Litecoin Etfs this year, putting them at the top of their list. ETFS XRP closely follow approximately 85 % approval.

Solana is ranked fifth by the market, with the exception of Stablecoins. Sol is trading about $ 147 at the time of the reports, a decrease of 7 % in the past 24 hours, for each coinecko Data.

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