Invesco partners with Galaxy to launch Solana ETP, expanding investment opportunities in digital assets.

Mars Finance reports that Invesco Ltd. (NYSE: IVZ) and Galaxy Asset Management (Nasdaq: GLXY) have announced the launch of the Invesco Galaxy Solana ETP (QSOL), providing investors with direct access to Solana (SOL) through a regulated ETP structure. The product will be listed on the Cboe BZX exchange and will reflect the spot price of SOL by tracking the Lukka Prime Solana Reference Rate. QSOL will be backed by institutional-grade storage from Coinbase Custody Trust Company and will be staked through Galaxy Digital Infrastructure to generate additional yield.