Close Menu
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025

REX-Osprey Moves Forward With SEC Filing For BNB ETF

September 2, 2025
Facebook X (Twitter) Instagram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
Facebook X (Twitter) Instagram Pinterest Vimeo
Crypto JunctionCrypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Invesco and Galaxy Join The Race For First Solana ETF
Solana

Invesco and Galaxy Join The Race For First Solana ETF

Alice MonroeBy Alice MonroeJuly 1, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
In recent filings Invesco and Galaxy Digital are pushing to put out the “Invesco Galaxy Solana ETF” which will list on the Cboe BZX Exchange under ticker “QSOL”.
Share
Facebook Twitter LinkedIn Pinterest Email

In recent filings Invesco and Galaxy Digital are pushing to put out the “Invesco Galaxy Solana ETF” which will list on the Cboe BZX Exchange under ticker “QSOL”. The report noted that Invesco will be the sponsor of the ETF and Galaxy will be in charge of the SOL token acquisition. Also reported is that Coinbase Custody will be the asset protector and BNY Mellon will be providing admin services.

This step into the competitive space for the Solana ETF, as they become the 9th issuer to do so. Giants in the field such as VanEck, Bitwise, Grayscale, and Fidelity are also in the race.

The Competitive ETF Space

In the wake of Invesco and Galaxy’s foray in, the SEC is under more pressure which has put forth that applicants update their files by mid June 2025. The range of 30 days’ time frame for regulatory response which may in turn lead to approval by July. Also per Bloomberg ETF analyst James Seyffart which puts the chance of approval this year at 90%. Their moves are observed closely by both insiders and outsiders who are keen on seeing the impact of Invesco and Galaxy in ETF space.

At present there is high confidence in the prediction markets on Polymarket with 91% chance of approval by year end and 68% by July 31. Should it be approved this would be the first major altcoin ETF to hit the market since Bitcoin and Ethereum.

Invesco And Galaxy Target Institutional Demand

Solana’s appeal is in its speed and low fees. At present the sixth largest crypto coin it has 2.4% of the crypto market. Also it is growing in institutional popularity. Open interest in the case of Solana futures has gone up to $146 million which is a clear sign of large demand.

Coinbase Custody is a key player. They offer SOL custody with staking and since 2017 have had no major issues. Invesco and Galaxy are contributing by collaborating with reputable entities like BNY Mellon’s ETF division, providing traditional credibility which they do with over $200 billion in ETF assets.

Market Reactions And Broader Implications

Traders are optimistic. Some see Solana at $200 if ETFs are approved. Also it is said the present price does not factor in the issue of ETF approval.

In Canada this April Solana ETFs went live  which puts more pressure on the SEC. Also at home in the U.S. the new admin which is crypto friendly is to speed up approval processes. The Trump-supported SEC chair is a positive signal.

Galaxy also brings to the table credibility. Their partnership with Invesco adds value in Bitcoin and Ethereum ETFs which they handle very well. Whether dealing with Solana, Bitcoin, or Ethereum, Invesco and Galaxy are setting new standards for regulated crypto access.

altcoins Coinbase Galaxy Digital institutional crypto Invesco SEC filing Solana ETF
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWLFI Token Will Soon Be Tradeable Like Regular Crypto
Next Article Tether CEO Paolo Ardoino Expects Trillion AI Wallets By 2040
Alice Monroe
Alice Monroe

Alice Monroe is an Associate Writer at Crypto Junction, covering crypto trends, token marketing, and emerging blockchain projects with a focus on real market insights.

Related Posts

Markets

No True Altcoin Season Until ETFs Expand Beyond BTC, ETH

August 26, 2025
Markets

Pantera Capital Solana Bet Signals Growing Institutional Demand

August 26, 2025
Regulation

Truth Social Crypto ETFs Hit Pause After SEC Postpones Decision

August 22, 2025
Add A Comment

Comments are closed.

Trending Posts
Ethereum

Vitalik Buterin Proposes New Scaling Fix For Ethereum

May 21, 2025
Bitcoin

Bitcoin-ETF Inflow Reaches New 2025 Record

May 10, 2025

Ethereum 2.0 Upgrade: What It Means for the World’s Second-Largest Cryptocurrency

December 2, 2020

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Tech Giant Google’s Universal Blockchain Ledger Goes Live

September 2, 2025

Nvidia Q2 Earnings Exceed Estimates: Blackwell Powers Market Gains

September 2, 2025

REX-Osprey Moves Forward With SEC Filing For BNB ETF

September 2, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
  • Crypto Marketing
  • Daily Digest News
Telegram X (Twitter)
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 110,824.69
ethereum
Ethereum (ETH) $ 4,326.18
xrp
XRP (XRP) $ 2.83
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 851.11
solana
Solana (SOL) $ 209.25
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,313.53
dogecoin
Dogecoin (DOGE) $ 0.214501
tron
TRON (TRX) $ 0.337976
cardano
Cardano (ADA) $ 0.831223
wrapped-steth
Wrapped stETH (WSTETH) $ 5,232.05
chainlink
Chainlink (LINK) $ 23.34
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,654.50
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 110,621.64
ethena-usde
Ethena USDe (USDE) $ 1.00
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.01
hyperliquid
Hyperliquid (HYPE) $ 44.48
bitcoin-cash
Bitcoin Cash (BCH) $ 594.57
sui
Sui (SUI) $ 3.30
wrapped-eeth
Wrapped eETH (WEETH) $ 4,631.29
stellar
Stellar (XLM) $ 0.362236
avalanche-2
Avalanche (AVAX) $ 24.35
weth
WETH (WETH) $ 4,320.34
hedera-hashgraph
Hedera (HBAR) $ 0.21918
leo-token
LEO Token (LEO) $ 9.55
crypto-com-chain
Cronos (CRO) $ 0.258365
litecoin
Litecoin (LTC) $ 111.22
usds
USDS (USDS) $ 0.999813
the-open-network
Toncoin (TON) $ 3.15
shiba-inu
Shiba Inu (SHIB) $ 0.000012
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
world-liberty-financial
World Liberty Financial (WLFI) $ 0.230295
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 110,755.67
whitebit
WhiteBIT Coin (WBT) $ 42.58
polkadot
Polkadot (DOT) $ 3.80
uniswap
Uniswap (UNI) $ 9.49
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19
bitget-token
Bitget Token (BGB) $ 4.90
monero
Monero (XMR) $ 267.69
aave
Aave (AAVE) $ 316.78
dai
Dai (DAI) $ 1.00
ethena
Ethena (ENA) $ 0.692159
pepe
Pepe (PEPE) $ 0.00001
mantle
Mantle (MNT) $ 1.11
okb
OKB (OKB) $ 165.51
ethereum-classic
Ethereum Classic (ETC) $ 20.70
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 256.03
bittensor
Bittensor (TAO) $ 321.38
near
NEAR Protocol (NEAR) $ 2.44
ondo-finance
Ondo (ONDO) $ 0.957947
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.287853
aptos
Aptos (APT) $ 4.30
usdt0
USDT0 (USDT0) $ 1.00
pi-network
Pi Network (PI) $ 0.344505
usd1-wlfi
USD1 (USD1) $ 0.999833
arbitrum
Arbitrum (ARB) $ 0.499123
binance-peg-weth
Binance-Peg WETH (WETH) $ 4,326.75
internet-computer
Internet Computer (ICP) $ 4.82
story-2
Story (IP) $ 7.89
binance-staked-sol
Binance Staked SOL (BNSOL) $ 224.09
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
kaspa
Kaspa (KAS) $ 0.083315
cosmos
Cosmos Hub (ATOM) $ 4.43
vechain
VeChain (VET) $ 0.023695
algorand
Algorand (ALGO) $ 0.231327
gatechain-token
Gate (GT) $ 16.81
susds
sUSDS (SUSDS) $ 1.07
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.47
rocket-pool-eth
Rocket Pool ETH (RETH) $ 4,927.33
fasttoken
Fasttoken (FTN) $ 4.51
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.03053
kucoin-shares
KuCoin (KCS) $ 14.99
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 4,542.11
render-token
Render (RENDER) $ 3.43
worldcoin-wld
Worldcoin (WLD) $ 0.883921
sei-network
Sei (SEI) $ 0.285081
bfusd
BFUSD (BFUSD) $ 0.999706
official-trump
Official Trump (TRUMP) $ 8.42
sky
Sky (SKY) $ 0.071706
kinetic-staked-hype
Kinetiq Staked HYPE (KHYPE) $ 44.57
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 4,543.35
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.616408
bonk
Bonk (BONK) $ 0.00002
jupiter-exchange-solana
Jupiter (JUP) $ 0.501426
filecoin
Filecoin (FIL) $ 2.28
liquid-staked-ethereum
Liquid Staked ETH (LSETH) $ 4,665.55
usdtb
USDtb (USDTB) $ 1.00
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 110,841.70
flare-networks
Flare (FLR) $ 0.020596
memecore
MemeCore (M) $ 0.88472
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
xdce-crowd-sale
XDC Network (XDC) $ 0.079043
falcon-finance
Falcon USD (USDF) $ 1.00
pump-fun
Pump.fun (PUMP) $ 0.003788
tether-gold
Tether Gold (XAUT) $ 3,551.49
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 4,569.08
hash-2
Provenance Blockchain (HASH) $ 0.026776
mantle-staked-ether
Mantle Staked Ether (METH) $ 4,633.39
injective-protocol
Injective (INJ) $ 13.01