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    Solana ETF Nears Launch as Invesco Galaxy Clears Key SEC Filing

    Story Highlights
    • Invesco Galaxy’s Solana ETF (QSOL) nears launch after key SEC filing, sparking a 4% SOL price jump as institutional demand strengthens despite mixed on-chain signals.

    • With CME preparing Solana futures and QSOL nearly approved, institutional interest in SOL accelerates, setting the stage for major market shifts in the coming weeks.

    The push for another Solana ETF intensified as Invesco Galaxy filed a Form 8-A with the U.S. Securities and Exchange Commission, a key regulatory step signaling a product is nearly ready to begin trading. This filing comes after the company recently updated its ETF application, laying out operational structures, fee details, and the plan for listing on the Cboe BZX Exchange.

    The ETF will trade under the ticker QSOL, with Invesco confirming it will not waive its sponsor fee at launch, though adjustments may be made in the future. To seed the trust, Invesco Ltd purchased 4,000 shares for $100,000, creating the initial capital foundation. 

    A full independent audit has also been completed, meaning the fund is structurally ready to go live. If approved quickly, QSOL could debut as early as next week, joining an increasingly crowded field of institutional Solana products.

    SOL Price Reacts as ETF Buzz Heats Up

    The market is already responding. Solana surged over 4% in 24 hours, driven by ETF optimism and hopes of an upcoming Federal Reserve rate cut. Investor positioning supports this upbeat mood: Solana investment products recorded $16.54 million in inflows in the latest session, the fourth straight day of positive flow after a streak of outflows.

    Still, not all metrics align with the bullish surge. On-chain data from Glassnode revealed weakening liquidity, with Solana’s Realized Profit-to-Loss Ratio staying below 1 since mid-November, meaning traders are locking in more losses than profits.

    More Institutional Products Are On the Way

    The institutional pipeline is far from slowing. CME Group is preparing to launch spot-quoted Solana futures on December 15, pending regulatory approval, another major milestone for institutional SOL exposure.

    With the Invesco Galaxy ETF now approaching the finish line, Solana’s investment landscape is set for yet another transformation, even as the price trades under pressure in the short term.

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    FAQs

    When will the Invesco Galaxy Solana ETF (QSOL) launch?

    The Solana ETF could launch as early as next week, depending on final SEC approval, as all major filings and audits are already completed.

    How is the Solana price reacting to the ETF news?

    Solana rose over 4% in 24 hours as ETF excitement grew, supported by rising investment inflows and optimism around broader market conditions.

    Are institutions increasing their exposure to Solana?

    Yes, institutional interest is rising with new products like the upcoming CME Solana futures and the near-ready Invesco Galaxy ETF.

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