• The Grayscale Solana Belief ETF begins buying and selling on the NYSE Arca underneath the ticker GSOL.
• The product passes on 77% of staking rewards to buyers on a internet foundation via NAV seize.
• Grayscale can be one of many largest Solana ETP managers within the US based mostly on AUM.

Grayscale Investments launched the Solana Belief ETF underneath the ticker GSOL and started buying and selling on the NYSE Arca as an exchange-traded product. This launch is the primary of Grayscale’s staking merchandise to be listed underneath the brand new public itemizing requirements accepted by the Securities and Trade Fee (SEC).

GSOL offers buyers with publicity to Solana and in addition options staking performance. The product captures staking earnings at internet asset worth (NAV), giving buyers the potential to compound earnings over time. Grayscale plans to cross on 77% of all staking rewards to GSOL buyers on a internet foundation.

Differentiation of product construction with staking operate

The Solana Belief ETF operates as an exchange-traded product that’s not registered underneath the Funding Firm Act of 1940. This construction differs from registered ETFs and mutual funds and is topic to a transparent regulatory framework and protections. Grayscale notes that investing in GSOL includes dangers, together with potential lack of principal, and that holding the product doesn’t represent direct possession of Solana.

GSOL was initially launched in 2021, listed on OTCQX in 2023, and started incorporating staking in October 2025. The itemizing on NYSE Arca marks the product’s transition to alternate buying and selling, with staking performance built-in into its construction.

With the launch of Grayscale, the corporate turns into one of many largest Solana ETP managers within the US by property underneath administration (AUM). The corporate cited its expertise managing Bitcoin and Ethereum merchandise as the idea for increasing into additional digital property.

“In the present day’s launch of GSOL underscores our perception that fashionable portfolios embrace digital asset publicity for progress and diversification alongside shares, bonds, and options,” stated Inkoo Kang, senior vp of ETFs at Grayscale. The manager stated GSOL will broaden investor choices via its institutional infrastructure and referred to as for Bitcoin and Ethereum ETPs as an preliminary step.

Associated: Solana Worth Prediction: SEC ETF Approval Units Up for $225 Breakout

Participation within the community creates extra worth

Kristin Smith, director of the Solana Institute for Coverage Research, highlighted the position of the staking element past fundamental publicity. “Via staking in these merchandise, buyers not solely achieve publicity but in addition have the chance to safe the community,” Smith stated.

The staking mechanism permits GSOL holders to take part in community validation and obtain rewards via the fund construction. This differs from spot holding merchandise, which solely present worth publicity with out the good thing about community participation.

Grayscale emphasised that the product will present advisors and institutional buyers with entry to exchange-listed Solana via a well-recognized format. As digital asset allocation expands throughout particular person and institutional portfolios, the corporate calls GSOL a car that mixes Solana publicity and staking rewards via an institutional framework.