Grayscale Files for Spot Solana ETF Amid Growing Institutional Interest
• 1 min read
Grayscale Investments seeks SEC approval to convert its $134.2M Solana Trust into a spot ETF under ticker GSOL, following successful Bitcoin and Ethereum ETF launches. The move comes as Solana's network adoption surges, with SOL reaching $264 and outpacing Ethereum in DEX volumes.
Grayscale Seeks SEC Approval to Launch Solana Spot ETF
• 1 min read
Grayscale Investments has filed with the SEC to convert its $134.2M Solana Trust into a spot ETF under ticker GSOL. The move follows successful Bitcoin and Ether ETF conversions, while Solana's price surged 7% on the news amid growing institutional interest.