Invesco & Galaxy Double Down: 9th Solana ETF Filing Signals Institutional Frenzy

Wall Street's crypto love affair hits fever pitch as another heavyweight duo throws their hat in the ring.

Invesco and Galaxy just dropped their S-1 for a Solana ETF—marking the ninth such filing this year. Because nothing says 'mature asset class' like a stampede of fund managers chasing last cycle's 100x altcoin.

The filing frenzy suggests one of two things: Either institutions finally understand blockchain's value proposition... or they've run out of traditional assets to financialize. Place your bets.

Solana's proving it's more than just 'the fast chain'—it's becoming the poster child for regulatory arbitrage. While the SEC drags its feet on ETH classification, SOL slips through the cracks as the new institutional darling.

One thing's clear: The ETF approval arms race is on. And for once, crypto might actually win at Wall Street's own game—just don't tell them about the 50% drawdowns.