Invesco Galaxy Solana ETF Registered as Delaware Trust

3 mins mins

Key Points:

Invesco initiated the registration of a Solana ETF in Delaware, involving significant institutional players.
Signals increased institutional interest in the Solana blockchain.
The Solana ecosystem may see heightened activity and investment.

Invesco Galaxy Solana ETF registered in Delaware on June 12, 2025, signifying institutional interest in the blockchain sector. This registration could attract significant investment in Solana, potentially affecting cryptocurrency market dynamics and encouraging further blockchain development.

The Invesco Galaxy Solana ETF registration by Invesco and Galaxy Digital was officially recorded in Delaware on June 12, 2025, according to ChainCatcher news. The ETF stands as a Statutory Trust, with CSC Delaware Trust Company acting as the registered agent. The registration indicates a collaborative move to enhance institutional involvement in the cryptocurrency space.

Institutional Moves: Tracking the Solana ETF Launch

Institutional interest in Solana is poised to grow due to the ETF’s focus. This scenario might increase investment in the Solana blockchain, possibly leading to a surge in the Total Value Locked (TVL) in Solana-based DeFi protocols. Additionally, the demand for SOL could potentially rise, impacting its price.

While no direct statements from Invesco or Galaxy Digital have been shared on social media platforms, community speculation is likely to grow. Discussions around the implications for regulatory advancements and technological infrastructure are expected within the crypto industry.

Currently, there are no specific quotes or public statements from key players related to the Invesco Galaxy Solana ETF registration. The context suggests institutional interest in cryptocurrency, particularly Solana, but lacks direct commentary from involved parties.

Solana’s Market Position: Analysis and Future Implications

Did you know? The creation of the Invesco Galaxy Solana ETF mirrors similar ETF launches, which historically spurred increased institutional investment, as seen with Bitcoin in earlier years.

Solana (SOL) has a market cap of $77.25 billion, reflecting a dominance of 2.36% in the market. As of June 14, 2025, the SOL price stands at $146.41, with a 24-hour trading volume of $3.89 billion, accounting for a 32.50% decrease. CoinMarketCap notes significant recent movements: 0.97% in 24 hours, -4.09% over 7 days, and -14.29% over 30 days.

solana-daily-chart-115 — Solana(SOL), daily chart, screenshot on CoinMarketCap at 07:44 UTC on June 14, 2025. *Source: CoinMarketCap*

Coincu’s research suggests this register could encourage more institutional funds into Solana, potentially fostering regulatory clarity. Such developments may drive technological innovation, making Solana a significant player in the decentralized application ecosystem.

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.