Invesco filed for a spot ETF tied to Solana's price, while the SEC reviewed the application, amidst hopes for friendlier regulation under Trump.
1 report, 0 independent
Updated Jun 26
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What happened
Invesco filed for a spot ETF tied to Solana's price, while the SEC reviewed the application, amidst hopes for friendlier regulation under Trump.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Capital is rotating from Bitcoin to Solana and Ethereum, driven by institutional interest and anticipation of ETF approvals.Also in this story
- Regulatory delays hinder US spot Ether ETF approval while US interest rates drive Bitcoin as a non-sovereign hedge.
- Institutions are rotating crypto holdings, with Intesa Sanpaolo reducing Bitcoin ETF stakes while increasing Ethereum ETF holdings.
- Armstrong noted that Bitcoin's function is shifting from speculative trading to digital gold, with both assets competing for the utility layer of crypto.
- A Phantom Wallet, used by meme coin traders, is leveraging Solana and Ethereum infrastructure, utilizing Hyperliquid for perpetual futures and tokenized stocks.
The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
- The rise of perpetual futures is attracting established financial players, allowing small companies to achieve giant market size, while centralized exchanges face challenges from decentralized markets.
- Kraken and Coinbase filed stock perpetual products, making Nvidia and Tesla stocks eligible for new perps.
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Solana
Mexican cottage manufacturer of sporting cars
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Invesco
US investment management company
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SEC
Slovak company
Related events
- Invesco manages the Invesco S&P 500 Low Volatility ETF, and the SEC received its 13F filings.
- Solana is capturing real-world asset issuance while the market prices in an 85% probability of a Fed rate hike.
- United Community Bank purchased a new stake in the Invesco Russell 2000 Dynamic Multifactor ETF.
- Multiple firms, including HB Wealth Management and Bank of America, increased their stakes in the Vanguard Total Stock Market ETF on October 15, 2026.
- Coinbase is developing Base as an Ethereum scaling network, seeking SEC approval for tokenized equities, and planning to support Solana trading.
Coverage
Newest first; wire copies grouped- Unknown outlet