INVESCO GALAXY SPOT SOLANA ETF RECEIVED - ALTCOINS IN SIGHT

The SEC has just confirmed that it has received the registration application for the Invesco Galaxy Spot Solana ETF. This is the first step in the approval process.

From 'acknowledged' to 'approved', there is still a journey that can be measured in months, but this signal indicates that altcoin ETFs are getting the green light.

=> If the Solana ETF is approved, it will be the first time an L1 outside of BTC & ETH passes through the SEC, subsequently opening the door for other large-cap tokens.

=> Below is a summary table of Altcoins with pending ETF applications, along with a personal assessment of the percentage chance of approval.

- Are you holding any of these?