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
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
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Invesco
US investment management company
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SEC
Slovak company
Related events
- Solana ETFs are seeing increasing inflows while validators approve a proposal to cut coin issuance.
- Worldcoin seeks ETF approval from the SEC, while Solana hosts Intel tokenized stock issuance and Jito utilizes Solana for its trading platform.
- Solana is capturing real-world asset issuance while the market prices in an 85% probability of a Fed rate hike.
- Invesco manages the fixed income ETF fund, Invesco BulletShares 2032 Corporate Bond ETF.
- Foundations Investment Advisors LLC filed a Form 13F report detailing a stake purchase in the Invesco S& Emerging Markets Momentum ETF.
Coverage
Newest first; wire copies grouped- Unknown outlet