Breaking: Grayscale Launches Solana Trust ETF

Grayscale Investments has officially launched the Grayscale Solana Trust ETF (GSOL) on NYSE Arca, marking a major milestone for institutional and retail investors seeking exposure to Solana. Unlike traditional crypto ETPs, GSOL combines spot Solana holdings with staking rewards, making it one of the first U.S. exchange-traded products to do so. This move positions Grayscale as one of the largest Solana ETP managers in the country, expanding its already dominant footprint in digital asset investment products.Staking Access for Institutional InvestorsAccording to Grayscale, the GSOL ETF is designed to simplify participation in Solana’s ecosystem by merging traditional financial infrastructure with blockchain-native rewards. The fund automatically captures staking returns directly in its Net Asset Value (NAV), compounding over time and enhancing long-term yield potential. Investors receive 77% of staking rewards, while the remainder supports operations and custody.Grayscale’s Senior Vice President of ETFs, Inkoo Kang, noted that the GSOL launch reinforces the firm’s belief that a modern portfolio should include digital assets alongside equities, bonds, and alternatives. The product bu...