Skip to content
October 29, 2025Coinpaper logoCoinpaper

Grayscale Launches Solana Trust ETF with Staking Feature on NYSE Arca

Grayscale Investments has officially launched the Grayscale Solana Trust ETF (ticker: GSOL) on NYSE Arca, marking a major step in bringing Solana exposure to mainstream ￰0￱ product combines spot Solana holdings with staking rewards, becoming one of the first U. S. exchange-traded products to do ￰1￱ launch positions Grayscale as one of the largest Solana ETP managers in the country, expanding its already leading portfolio of digital asset ￰2￱ Institutional Access Through Staking According to the press release , GSOL aims to simplify institutional and retail participation in Solana’s ecosystem by offering exchange-listed exposure with staking rewards built into its ￰3￱ product captures staking returns directly in its net asset value (NAV), allowing compounding potential over ￰4￱ intends to pass on 77% of all staking rewards to investors, significantly increasing long-term yield ￰5￱ Kang, Senior Vice President of ETFs at Grayscale, said, “Today’s GSOL launch underscores our conviction that the modern portfolio includes digital asset exposure for growth and diversification alongside equities, bonds, and alternatives.” The ETF launch follows Grayscale’s growing emphasis on staking-based products, following its successful Bitcoin and Ethereum ￰6￱ was first introduced in 2021, later listed on OTCQX in 2023, and began staking in October ￰7￱ its uplisting, the product now operates under the SEC’s new generic listing standards for crypto ETPs, providing greater accessibility and transparency for U.

S. investors. Solana’s Expanding Financial Footprint Solana continues to emerge as one of the most scalable and cost-efficient blockchains, attracting developers, users, and institutions ￰8￱ Smith, President of the Solana Policy Institute, stated that the network’s infrastructure is rapidly becoming the backbone of digital ￰9￱ added, “The rails of global finance are being rebuilt on Solana, and now millions of investors have exposure to it through Solana staking ETPs like Grayscale’s GSOL.” By including staking within GSOL’s framework, investors indirectly contribute to network security and efficiency, earning passive income while supporting blockchain growth.

Consequently, Solana’s expanding integration with traditional finance reflects growing investor confidence in Proof-of-Stake ￰10￱ Price Consolidates Ahead of Market Events At press time, Solana trades at $198.81 with a market capitalization of $109.1 ￰11￱ a minor 0.33% daily decline, the token remains 8.23% higher week-on-week.

Coinpaper logo
Coinpaper

Latest news and analysis from Coinpaper

New Hampshire Senate Weighs Bitcoin Mining Deregulation Amid High Public Interest

New Hampshire Senate Weighs Bitcoin Mining Deregulation Amid High Public Interest

The New Hampshire Senate’s crypto mining bill aims to deregulate cryptocurrency operations by prohibiting restrictive local laws on noise and zoning, while affirming mining rights and preventing diffe...

CoinOtag logoCoinOtag
1 min
US Treasury Secretary Bessent Views China’s Rare Earth Strategy as Potential Misstep in Trade Dispute

US Treasury Secretary Bessent Views China’s Rare Earth Strategy as Potential Misstep in Trade Dispute

Scott Bessent, U.S. Treasury Secretary, stated that China made a significant error by weaponizing its control over rare earth minerals, prompting the U.S. to accelerate efforts in finding alternatives...

CoinOtag logoCoinOtag
1 min
If You Hold XRP, This Crucial Advice is for You

If You Hold XRP, This Crucial Advice is for You

Jake Claver, CEO of Digital Ascension Group, has outlined a framework for converting crypto holdings, specifically XRP, into a sustainable, long-term source of income for families. His commentary shif...

TimesTabloid logoTimesTabloid
1 min