Solana moves closer to ETF – Positive signal for the crypto market!

The cryptocurrency market has just received good news: #Invesco and #GalaxyDigital have officially begun the procedure for Spot Solana ETF by registering a trust fund – a necessary first step before filing an official application with the SEC.

This move comes right after a Bloomberg ETF expert made an optimistic prediction: the chances of Solana ETF being approved are up to 90%, and it could even be approved as soon as next month.

If successful, Galaxy will join the ranks of giants like Grayscale, VanEck, Bitwise, and Fidelity in the race to launch an ETF for Solana – one of the fastest-growing blockchains today.

This is not only a positive signal for SOL but also a significant advancement for the entire DeFi industry and the crypto market in the U.S., especially as ETF products are increasingly attracting interest from traditional investors.

Crypto is a promising field but contains many risks. Always invest cautiously and with knowledge.