🟣 **Invesco & Galaxy enter the race for Solana ETF in the USA!**
The financial giants Invesco and Galaxy Digital have filed for their Solana ETF in the USA — the ninth to seek approval from the SEC, with the ticker “QSOL” planned on the Cboe BZX exchange. This fund aims to invest directly in SOL and also offer staking rewards if approved.
🔜 **Possible approval as early as July:**
Bloomberg analysts believe that the SEC may approve Solana ETFs, including this one, as early as July, amid a new wave of altcoin ETFs.
📊 Implications:
– If approved, the fund could intensify institutional interest in SOL.
– However, this staking structure needs to compete with several other proposals and face the macro scenario from the SEC.
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In summary:
Invesco and Galaxy become major players in the race for the Solana ETF in the USA, with real chances of approval in July. The potential for institutional adoption and the staking differential are factors that could boost SOL — but nothing is guaranteed until the SEC's decision 🔍.