Invesco & Galaxy don submit S-1 for Spot Solana ETF QSOL as SEC dey review am

Invesco and Galaxy Digital don put one Form S-1 registration paper for SEC USA about one spot Solana ETF wey dem wan trade with ticker QSOL for Cboe BZX. The fund go hold SOL inside one commodity trust setup, dem go put Coinbase Custody be custodian, and dem go stake some assets to make rewards. After S-1, the people wey dey issue go submit Form 19b-4 to propose exchange rule change and make SEC begin formal review. This one na the ninth Solana ETF application after VanEck, Bitwise, Grayscale, and Fidelity don submit. SEC don delay decision dem for existing Solana ETF proposals, deadline na October, but Bloomberg people talk say e get 90% chance say dem go approve am as early as July. The good things be say CME don launch SOL futures and institution demand for regulated altcoin investment dey grow. Traders suppose watch SEC signals because if dem approve, e fit make SOL liquidity, trading volume and market adoption better, plus staking rewards fit make investors wey dey find yield happy.