Invesco and Galaxy Digital Don File Spot Solana ETF with SEC
Invesco and Galaxy Digital dem don file joint joint Spot Solana ETF application for SEC through CBOE. Di proposed Spot Solana ETF go hold actual SOL tokens, wey go give regulated, liquid exposure to Solana high-speed Proof-of-History network. Dis move show say institutional investors dey get more confidence and e also use Invesco global ETF wahala and Galaxy Digital crypto market sabi. Di filing get surveillance-sharing agreements to address SEC wahala about market manipulation, network stability and how SOL dey classified. If dem approve am, di Spot Solana ETF fit unlock plenty institutional capital, boost SOL liquidity and clear way for future altcoin ETFs.
Bullish
To file beta Spot Solana ETF mean say dey get strong demand from big institution dem and e fit make SOL price go up once dem approve am. For short term, price fit no too move well as traders dey wait SEC feedback and make sure say dem solve palava about market oversight and how to classify asset. For history, ETF filing dey usually make people dey optimistic and trade plenty. For long term, if dem approve, e fit open big institutional money, make market liquidity better and set road for other altcoin ETFs. E go help keep bullish feeling for SOL.