Invesco Galaxy Solana ETF Registered in Delaware, Paving Way for U.S. Launch
The Invesco Galaxy Solana ETF has been officially registered in Delaware as of June 12, 2025, marking a crucial step towards its potential listing in the United States. Recognized as a Statutory Trust by the Delaware Division of Corporations, this registration is a significant move by Invesco Ltd. and Galaxy Digital to advance the ETF approval process. The initiative aims to boost institutional adoption of Solana, enhancing its market liquidity and trading volumes.
While the registration is a precursor to filing with the U.S. SEC, no official statements have been made by key executives. The crypto community remains optimistic about the ETF's approval. As of June 13, 2025, Solana is trading at $147.33, with a market cap of $77.74 billion, despite a recent 3.35% decline in trading volume.