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Benzinga
Benzinga
Business
Aniket Verma

Michael Novogratz's Galaxy And Invesco File To Launch Solana ETF: What You Should Know About QSOL

SOL Invesco Michael Novogratz Solana ETF Bitcoin SEC Cryptocurrency
Close,Up,Of,Golden,Solana,Cryptocurrency,With,Colorful,Chart,Background

Asset management giant Invesco filed for a cryptocurrency exchange-traded fund focused on Solana (CRYPTO: SOL) on Wednesday, expanding its offerings beyond Bitcoin (CRYPTO: BTC).

What Happened: The proposed Invesco Galaxy Solana ETF, filed in collaboration with the Michael Novogratz-founded firm Galaxy Digital Inc. (NASDAQ:GLXY), is slated to be listed on the Cboe BZX exchange under the ticker “QSOL,” according to an S-1 filing with the SEC.

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