The world’s largest crypto investment fund Grayscale announced the start of trading for its new product — the exchange-traded fund Grayscale Solana Trust (GSOL) on the NYSE Arca platform.
This is the company’s first staking product officially admitted to trading under the new simplified listing rules approved by the SEC.
Grayscale strengthens its position as a top manager of Solana products
With the launch of GSOL on NYSE Arca the company Grayscale became a leader among Solana-ETP managers in the US by assets under management. This continues its dominance in the BTC and Ethereum segments and strengthens its position in the digital asset market.
GSOL offers an exchange-traded, accessible, and familiar way for institutions to gain exposure to Solana and staking income — through the classic ETP format. The program is backed by institutional staking infrastructure.
The fund was launched back in 2021, but only began generating staking income in October 2025. Rewards are reflected in the net asset value (NAV), giving investors the opportunity to accumulate returns with reinvestment.
Grayscale plans to pass on 77% of all accumulated staking income to GSOL holders — after all fees are deducted.
GSOL is not regulated as a classic ETF or mutual fund, and carries a higher level of risk. At the same time, although GSOL contains Solana, investments in the fund are not a direct investment in the token itself.
Digital assets are already part of the modern portfolio
Senior Vice President for ETF at Grayscale Inku Kang noted that the launch of GSOL confirms: digital assets have become an important part of balanced portfolios, along with stocks, bonds, and other asset classes.
‘BTC and ETH funds were just the beginning. With GSOL, we are expanding the choices for investors, relying on our scale, educational support, and the infrastructure that institutions and financial advisors expect,’ said Kang.
Investor participation in ecosystem growth
According to the president of the Solana Policy Institute, the financial infrastructure of the future is being built on Solana — and now millions of investors can participate in this process through staking funds like GSOL from Grayscale.
‘With such products, investors not only get access to Solana, they help secure the network, support developers, and earn rewards from one of the fastest-growing digital assets,’ he noted.
A week of new ETFs: Solana, Litecoin, and HBAR
The launch of GSOL was part of a busy week in the crypto fund market. On Tuesday, three new products appeared on Wall Street at once: Bitwise introduced its ETF for staking Solana, and Canary launched funds based on Litecoin and HBAR, which are already trading on Nasdaq.
