Invesco is set to become the latest fund manager to jump on the Solana ETF wave. The company has incorporated a SOL ETF in Delaware in collaboration with Galaxy Digital, with an S-1 and Form 19b-4 filing with the SEC likely to follow.
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Invesco Incorporates Solana ETF In Delaware
Data from the Delaware Division of Corporations shows the registration of the ‘Invesco Galaxy Solana ETF’ entity. This indicates that asset manager Invesco intends to offer a fund that will provide investors with exposure to SOL.
This move usually precedes an S-1 and 19b-4 filing with the US Securities and Exchange Commission (SEC). The firm is likely to file the S-1 soon, while an exchange files to list and trade shares of this Solana ETF.
Invesco will offer this fund in collaboration with Galaxy Digital. The two have also partnered to offer the Invesco Galaxy Bitcoin and Ethereum spot ETFs. This development comes just as CoinGape reported that the SEC could soon approve the SOL ETFs.
The Commission has asked some issuers to amend their S-1 forms, with an approval likely to come in the next few weeks. There is the possibility that the SEC could approve all these funds at the same time, just like it did with the Bitcoin and Ethereum spot ETFs.
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Breaking: Invesco Registers 'Invesco Galaxy' Solana ETF In Delaware
Invesco is set to become the latest fund manager to jump on the Solana ETF wave. The company has incorporated a SOL ETF in Delaware in collaboration with Galaxy Digital, with an S-1 and Form 19b-4 filing with the SEC likely to follow.
Advertisement
Advertisement
Invesco Incorporates Solana ETF In Delaware
Data from the Delaware Division of Corporations shows the registration of the ‘Invesco Galaxy Solana ETF’ entity. This indicates that asset manager Invesco intends to offer a fund that will provide investors with exposure to SOL.
This move usually precedes an S-1 and 19b-4 filing with the US Securities and Exchange Commission (SEC). The firm is likely to file the S-1 soon, while an exchange files to list and trade shares of this Solana ETF.
Invesco will offer this fund in collaboration with Galaxy Digital. The two have also partnered to offer the Invesco Galaxy Bitcoin and Ethereum spot ETFs. This development comes just as CoinGape reported that the SEC could soon approve the SOL ETFs.
The Commission has asked some issuers to amend their S-1 forms, with an approval likely to come in the next few weeks. There is the possibility that the SEC could approve all these funds at the same time, just like it did with the Bitcoin and Ethereum spot ETFs.
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