Grayscale Investments has submitted an amended S-1 registration statement for its proposed Solana Trust exchange-traded fund (ETF), outlining key operational details for the investment vehicle. The updated filing discloses a planned annual management fee of 2.5%, positioning it within prevailing… Read More »Grayscale Solana Trust ETF Filing Reveals 2.5% Management Fee Aligning With Industry Standards
Asset management firm Invesco and cryptocurrency specialist Galaxy Digital have formally registered the Invesco Galaxy Solana Trust as a Delaware statutory trust, marking a pivotal step toward launching a spot Solana exchange-traded fund (ETF) in the United States. This foundational… Read More »Invesco and Galaxy Digital Register Solana Trust, Advancing Potential Spot ETF Launch
The U.S. Securities and Exchange Commission (SEC) has postponed decisions regarding proposed exchange-traded funds (ETFs) tied to Dogecoin (DOGE), Hedera (HBAR), and Avalanche (AVAX). This move underscores the regulator’s ongoing caution and heightened scrutiny concerning investment products based on alternative… Read More »SEC Delays Decisions on Dogecoin, Hedera, and Avalanche ETF Applications
Bloomberg’s senior ETF analysts forecast a transformative period for cryptocurrency investment, projecting Solana as the frontrunner in a potential wave of altcoin exchange-traded fund approvals this summer. Industry experts indicate growing regulatory confidence in alternative digital assets, with Solana ETFs… Read More »Solana Set to Lead Altcoin ETF Surge with 90% Approval Probability, Analysts Predict
The U.S. Securities and Exchange Commission (SEC) has initiated action against Grayscale Investments’ Polkadot Trust (DOT), signaling intensified regulatory oversight of cryptocurrency investment vehicles. This development highlights growing regulatory concerns regarding the structure and compliance of digital asset investment products.… Read More »SEC Targets Grayscale’s Polkadot Trust in Regulatory Scrutiny Move