Invesco Galaxy’s Solana ETF Officially Registered in Delaware

2 mins mins

Key Points:

Invesco Galaxy Solana ETF registered in Delaware, key step toward SEC filing.
Boosts institutional interest in Solana and altcoins.
Solana’s price stability supported by positive market sentiment.

The Invesco Galaxy Solana ETF was registered in Delaware on June 12, 2025, marking an initial step in listing a Solana ETF in the United States.

This registration is pivotal as it could drive institutional adoption of Solana, a major cryptocurrency aiming for increased market presence.

Invesco Galaxy Advances Solana ETF with Delaware Registration

The Invesco Galaxy Solana ETF was formally recognized by the Delaware Division of Corporations as a Statutory Trust, taking a significant stride in the ETF approval process. Invesco Ltd. and Galaxy Digital are spearheading this initiative, leveraging their profound capabilities in the financial sector.

This registration acts as a precursor to the U.S. SEC filing necessary for an ETF launch, enhancing interest in Solana among institutional investors. Such products could significantly impact Solana’s market liquidity and trading volumes.

While no official statements have been issued by top executives like Mike Novogratz of Galaxy Digital, the crypto community remains optimistic. Prediction markets show high confidence in receiving SEC approval, reflecting broad market optimism.

“A 91% probability that such a [Solana ETF] product will receive approval in 2025,” reflecting market-wide optimism.

Solana’s Market Metrics and Future Projections Post-ETF Registration

Did you know? The registration of Solana ETFs potentially echoes the transformative impact Bitcoin ETFs had in 2024, suggesting a similar positive shift in market dynamics.

As of June 13, 2025, Solana (SOL) trades at $147.33, with a market capitalization of “77.74 billion” as per CoinMarketCap. Trading volume reached $6.35 billion, despite a 3.35% decline in 24 hours. 72.44% jump in trading suggests dynamic market conditions.

solana-daily-chart-112 — Solana(SOL), daily chart, screenshot on CoinMarketCap at 22:44 UTC on June 13, 2025. *Source: CoinMarketCap*

Insights from Coincu indicate that Solana ETFs could lead to increased adoption and price stability, paralleling past Bitcoin and Ethereum ETF launches. Regulatory approvals are key amid growing calls for expanded crypto assets in securitized form.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.