Invesco Launches QSOL ETP for Direct Solana Exposure
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Should l Buy GLXY?
Source: PRnewswire
- Digital Asset Innovation: Invesco's launch of the QSOL ETP in partnership with Galaxy provides investors with direct exposure to Solana by tracking its spot price, thereby enriching Invesco's digital asset product suite and enhancing its competitive edge in the rapidly evolving crypto market.
- Market Demand Response: The introduction of QSOL not only addresses the growing demand for digital asset investments but also lowers the entry barriers for investors into the Solana ecosystem through a regulated ETP structure, thereby promoting wider adoption of digital assets.
- Technology Advantage Integration: Galaxy, as a major validator on the Solana network, leverages its deep technical and market expertise to ensure QSOL's liquidity and tracking accuracy, further boosting investor confidence and participation.
- Strategic Partnership Deepening: This product launch aligns with Invesco's long-term strategy in the digital asset space, marking its ongoing commitment to expanding crypto-linked products and asset tokenization, which is expected to drive future business growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GLXY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GLXY
Wall Street analysts forecast GLXY stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 20.400
Low
26.00
Averages
45.89
High
60.00
Current: 20.400
Low
26.00
Averages
45.89
High
60.00
About GLXY
Galaxy Digital Inc. is engaged in the business of digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence (AI). The Company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, it develops and operates data center infrastructure to power AI and high-performance computing workloads. The Company's segments include Digital Assets, Data Centers, and Treasury and Corporate. Its Digital Assets operating business segment provides new products and capabilities such as staking, margin-based financing and active exchange-traded funds. The Data Centers segment comprises the Helios infrastructure assets. Its Data Centers segment develops and operates High Performance Computing (HPC) infrastructure to meet the growing demand for large-scale, power-ready facilities in the AI/HPC industry.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Tech Sector Retreat: U.S. stocks experienced a significant decline on Thursday, with the S&P 500 down 1.57%, the Dow Jones down 1.34%, and the Nasdaq 100 down 2.04%, primarily driven by a sell-off in the Magnificent Seven tech stocks, indicating concerns over the profitability outlook in the tech sector.
- Cisco Systems Warning: Cisco Systems saw its stock plummet over 12% after forecasting that rising memory chip prices would erode profitability, raising investor concerns about future performance and potentially diminishing market confidence.
- Weak Economic Data: Initial jobless claims in the U.S. fell by 5,000 to 227,000, below the expected 223,000, while January existing home sales dropped 8.4% month-over-month to 3.91 million, marking a 16-month low, which reflects signs of economic slowdown that could impact market sentiment.
- Positive Earnings Season: Despite the overall market downturn, over 76% of S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings projected to grow by 8.4%, indicating strong corporate profitability that may provide support for the market.
See More
- Severe Financial Losses: Galaxy Digital reported a net loss of $482 million in Q4 2025, missing analyst expectations primarily due to the depreciation of digital asset prices, highlighting the company's vulnerability amid market volatility.
- Significant Stock Drop: Following the earnings report, Galaxy's stock price fell by $4.46, or 16.87%, closing at $21.98 on February 3, 2026, indicating investor concerns about the company's future outlook.
- Legal Investigation Launched: Pomerantz LLP is investigating whether Galaxy and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal risks and financial losses, impacting the company's reputation.
- Investor Action Call: Pomerantz LLP is urging Galaxy investors to contact their attorneys to join the class action, reflecting market concerns over corporate governance and transparency, potentially triggering a broader investor trust crisis.
See More
- Strong Employment Data: US nonfarm payrolls for January increased by 130,000, surpassing expectations of 65,000, indicating labor market stability, while the unemployment rate unexpectedly fell by 0.1% to 4.3%, which is likely to have a positive impact on economic recovery.
- Interest Rate Expectations Shift: Following the robust employment report, the market's expectation for a Fed rate cut next month dropped from 23% to 6%, with the 10-year T-note yield rising by 3 basis points to 4.17%, reflecting a cautious outlook on future monetary policy.
- Mixed Market Performance: The S&P 500 closed unchanged, the Nasdaq 100 rose by 0.29%, while the Dow Jones Industrial Average fell by 0.13%, highlighting a contrast between strong tech stock performance and weakness in software stocks.
- Optimistic Earnings Outlook: Over 78% of the 335 S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings growth projected at 8.4%, indicating that sustained corporate profitability will support long-term stock market gains.
See More
- Wealth Plummet: Coinbase CEO Brian Armstrong's net worth has dropped from $17.7 billion last summer to $7.5 billion, reflecting the direct impact of his 14% stake in Coinbase amid severe crypto market volatility.
- Market Volatility: With Bitcoin falling below $70,000 for the first time, Coinbase's stock has declined by 33.12% over the past month, which not only affects Armstrong's wealth but also undermines market confidence in the company, indicating potential pressure on its upcoming financial report.
- Regulatory Controversy: Armstrong faced criticism from Treasury Secretary Scott Bessent for opposing the proposed Clarity Act, who argues that recent market volatility highlights the urgent need for clear regulatory frameworks, potentially impacting Coinbase's future operational strategies.
- Earnings Report Release: Coinbase is set to release its fourth-quarter financials on February 12, with the market closely watching its performance in the current crypto environment, which is expected to significantly influence its stock price and investor confidence.
See More
- Market Transformation Signal: Galaxy Digital CEO Mike Novogratz stated at the CNBC Digital Finance Forum in New York that the crypto market's 'age of speculation' may be ending as risk-averse institutions enter, with a shift towards tokenized real-world assets and tokenized stocks expected to dominate with 'lower returns'.
- Market Correction Reasons: He noted that Bitcoin has fallen over 21% year-to-date, contrasting this with the 2022 FTX collapse, emphasizing that there is no clear 'smoking gun' this time, but rather a market still recovering from the October 2025 leverage wipeout that eliminated many retail and market makers.
- Impact of Leverage Wipeout: During the October 2025 flush, over 1.6 million traders lost a combined $19.37 billion in leveraged positions within 24 hours, with Novogratz highlighting that this wipeout has made it slow to rebuild market narratives, affecting investor confidence.
- Legislative Need: Novogratz called for the passage of the CLARITY Act to restore 'spirit' in the market, indicating that his discussions with Senate Minority Leader Chuck Schumer suggest that legislation is necessary to improve market structure and promote the next phase of tokenized finance.
See More
- Bitcoin Price Decline: Bitcoin has dropped over 21% in 2026, hitting a low of $60,062 last week, its lowest in 16 months, representing a nearly 50% decline from its record high in October 2025, indicating a severe loss of market confidence.
- Industry Trust Crisis: Galaxy founder Mike Novogratz highlighted that the 22% drop in Bitcoin following the FTX collapse in November 2022 was due to a breakdown in trust, and this latest decline lacks a clear trigger, reflecting a broader loss of confidence that has severely impacted retail and market makers.
- End of Speculative Era: Novogratz believes the current downturn signifies the end of the
See More







