---
title: "Invesco Galaxy’s Solana ETF Nears Launch as SEC Filing Signals Final Step"
date: 2025-12-10
author: "Barry Elad"
featured_image: "https://sqmagazine.co.uk/wp-content/uploads/2025/12/invesco-galaxy-files-solana-etf-with-sec.jpg"
categories:
  - name: "Cryptocurrency"
    url: "/crypto.md"
tags:
  - name: "News"
    url: "/tag/news.md"
---

# Invesco Galaxy’s Solana ETF Nears Launch as SEC Filing Signals Final Step

Invesco Galaxy’s QSOL Solana ETF is on the verge of trading after clearing a major regulatory milestone, signaling rising institutional confidence in the crypto.

## Quick Summary – TLDR:

- Invesco Galaxy has filed a Form 8-A with the SEC, marking a crucial step before launching its Solana ETF, QSOL.
- The ETF could begin trading on the Cboe BZX Exchange as early as next week.
- Invesco has seeded the fund with a 4,000-share, $100,000 investment and completed an independent audit.
- Institutional interest in Solana is rising, with CME preparing to launch Solana futures and over $16 million in recent investment inflows.

## What Happened?

Invesco Galaxy has filed a **Form 8-A with the U.S. Securities and Exchange Commission**, signaling that its **Solana ETF (QSOL)** is structurally ready and could launch soon. The ETF will trade on the **Cboe BZX Exchange**, pending final SEC approval. This move follows recent updates to the fund’s operational structure, sponsor fee plans, and a confirmed $100,000 capital injection.

> 🚨UPDATE: [@InvescoUS](https://twitter.com/InvescoUS?ref_src=twsrc%5Etfw), with over $10 billion AUM, has filed a Form 8-A with the SEC for its Invesco Galaxy [@solana](https://twitter.com/solana?ref_src=twsrc%5Etfw) ETF, a step that typically comes right before launch. These filings are usually followed by trading beginning the next day. [pic.twitter.com/MxXcV4coeK](https://t.co/MxXcV4coeK)
> 
> — SolanaFloor (@SolanaFloor) [December 9, 2025](https://twitter.com/SolanaFloor/status/1998440820190622074?ref_src=twsrc%5Etfw)

 ## Invesco Galaxy Prepares for Market Entry

The filing of Form 8-A is often the **last step before an ETF goes live**, and Invesco Galaxy has checked off every box. The company recently revised its ETF registration, detailing its operational terms and fee structure. While it **does not plan to waive the sponsor fee at launch**, it has left room for adjustments in the future.

To back the fund, **Invesco Ltd. purchased 4,000 [Solana](https://sqmagazine.co.uk/solana-statistics/) shares**, creating a **$100,000 seed investment** that serves as the trust’s initial capital. An **independent audit has been completed**, confirming the ETF’s readiness to start trading under the ticker **QSOL**.

If final approval from the SEC comes through quickly, **trading could begin as early as next week**.

## Growing Institutional Momentum Behind Solana

The upcoming launch of QSOL is not happening in isolation. It follows the debut of **Franklin Templeton’s Solana ETF**, which recently entered the U.S. market, highlighting a **growing competitive landscape** for Solana-focused institutional products. If QSOL launches successfully, it could become the **eighth Solana ETF** available to American investors.

Further strengthening Solana’s case among institutions, **CME Group is preparing to launch spot-quoted Solana futures** on December 15, pending regulatory approval. This would provide another tool for investors to gain Solana exposure in a regulated environment.

## Solana Price Reacts to ETF Buzz

The announcement of QSOL’s readiness initially gave Solana’s price a **4 percent boost**, as investors welcomed the possibility of greater institutional adoption. Over the last week, **Solana investment products saw over $16 million in inflows**, marking four straight days of positive momentum after a period of outflows.

However, price action has been volatile. Solana recently dropped over **4 percent**, now trading near **$136**. According to analyst **Ali Martinez**, the token is stuck in a **multi-week range between $124 and $145**, with repeated rejections near the upper level. Traders are watching the **$134 level closely**, as a break below could signal further downside toward $128 or even $124.

![Solana Price 10th Dec](https://sqmagazine.co.uk/wp-content/uploads/2025/12/solana-price-10th-dec.jpeg)Image Credit – [CoinGecko.com](https://www.coingecko.com/en/coins/solana)

Additionally, **on-chain data from Glassnode** shows Solana’s **Realized Profit-to-Loss Ratio** has stayed below 1 since mid-November. This indicates more losses than profits are being locked in, suggesting that while institutional confidence is rising, retail traders remain cautious.

## SQ Magazine’s Takeaway

I see this as a **turning point for Solana**. The fact that big names like Invesco and CME are lining up institutional-grade products shows that Solana is finally shaking off its earlier reputation for outages and instability. Sure, on-chain metrics still show some hesitation, but let’s be real: retail traders often lag behind when big institutional moves happen. If QSOL goes live smoothly, this could trigger a whole new wave of interest and credibility for Solana. I’d say keep an eye on this one.