Grayscale Solana Trust ETF begins trading on NYSE Arca with strike rewards

Grayscale Investments, the world’s largest digital asset-focused funding platform, has introduced Grayscale Solana Trust ETF (GSOL) is now formally traded on NYSE Arca as an trade traded product (ETP).

This marks a big milestone, making it the primary of Grayscale’s staking merchandise to be uplisted beneath the brand new SEC-approved generic itemizing requirements.

Lead Solana ETP supervisor

With GSOL now buying and selling on NYSE Arca, Grayscale is now among the many main Solana ETP managers within the US when it comes to belongings beneath administration. This builds on its sturdy observe document in crypto asset administration and management in Bitcoin and Ethereum merchandise.

GSOL supplies exchange-listed, low-cost publicity to Solana and its staking rewards via a trusted ETP format, backed by an institutional staking program.

GSOL launched in 2021 and commenced staking in October 2025. Staking returns are captured in NAV, giving buyers the potential to compound over time. Grayscale plans to cross on 77% of all wagering rewards to GSOL buyers on a internet foundation.

GSOL just isn’t topic to the identical laws as conventional ETFs or mutual funds and carries the next danger. Grayscale additionally notes that though GSOL owns Solana, an funding in GSOL just isn’t a direct funding in Solana.

Digital belongings in trendy wallets

Inkoo Kang, Senior Vice President of ETFs at Grayscale, notes that the launch of GSOL reinforces the corporate’s perception that the trendy portfolio now consists of digital belongings for progress and diversification, along with conventional belongings equivalent to shares, bonds and alternate options.

“Bitcoin and Ethereum ETPs have been just the start, and with GSOL we’re increasing investor alternative, supported by the size, training and operational infrastructure advisors and establishments anticipate,” he added.

Investor participation in community progress

The president of the Solana Coverage Institute notes that the rails of the worldwide monetary business are being rebuilt on Solana and hundreds of thousands of buyers can now achieve publicity to it via Solana deploying ETPs equivalent to Grayscale’s GSOL.

By investing in these merchandise, buyers not solely achieve publicity to Solana, but additionally the chance to assist safe the community, help developer innovation, and earn rewards from probably the most dynamic digital belongings.

A busy week for crypto ETFs

This comes after three new crypto ETFs hit Wall Road on Tuesday. Bitwise launched its Solana Staking ETF on the NYSE, whereas Canary listed its Litecoin ETF and HBAR ETF on Nasdaq.

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