The veteran asset management company has just submitted Form 8-A for the Invesco Galaxy Solana ETF to the SEC - everyone who understands it knows that this step is basically a step at the door. According to convention, after submitting such documents, the product can start trading the next day.
The Solana ETF track has added another fierce player. Invesco teamed up with Galaxy Digital to launch this product, and the timing was very clever. Now all companies are seizing the first-mover advantage of SOL spot ETFs, and the regulatory approval process has reached the 8-A step, indicating that the early obstacles have basically been cleared.
For coin holders, this means that there is another compliance channel to allocate SOL exposure. When traditional financial giants enter the market, liquidity and recognition will rise.
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WhaleWatcher
· 8h ago
You can start trading tomorrow, it's the same early-mover rhythm again. This wave of Sol is a bit fierce.
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SeeYouInFourYears
· 12-10 09:54
Invesco is rushing for a reason—whoever gets the SOL spot ETF first wins half the battle.
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ChainDetective
· 12-10 09:52
Is another ETF about to crash? Invesco and Galaxy team up, this time really pushing SOL to new heights
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PretendingToReadDocs
· 12-10 09:51
Can we trade tomorrow? Invesco really didn't delay this time; an established company is always reliable. This wave of SOL spot ETFs might be about to take off.
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YieldHunter
· 12-10 09:49
ngl, if you look at the data on previous etf launches, the "compliance channel" narrative always pumps the price temporarily... but do they actually move the needle on sustainable returns? 🤔 that's the real question
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SnapshotStriker
· 12-10 09:43
Wow, Scheer, you're in such a hurry? Will it be tradable tomorrow... SOL is really taking off this time
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ThatsNotARugPull
· 12-10 09:35
Invesco truly is a fierce player seizing the initiative; they even submitted an 8-A, indicating this matter is settled.
More compliant channels are available, but it still depends on how the volume is driven later. Will the entry of traditional financial giants necessarily bring good liquidity? Not necessarily.
Is SOL about to take off again? Let's stay calm and observe first, and don't get cut again.
Invesco moved fast enough this time.
The veteran asset management company has just submitted Form 8-A for the Invesco Galaxy Solana ETF to the SEC - everyone who understands it knows that this step is basically a step at the door. According to convention, after submitting such documents, the product can start trading the next day.
The Solana ETF track has added another fierce player. Invesco teamed up with Galaxy Digital to launch this product, and the timing was very clever. Now all companies are seizing the first-mover advantage of SOL spot ETFs, and the regulatory approval process has reached the 8-A step, indicating that the early obstacles have basically been cleared.
For coin holders, this means that there is another compliance channel to allocate SOL exposure. When traditional financial giants enter the market, liquidity and recognition will rise.