Grayscale Investments has introduced the Grayscale Solana Trust (GSOL) — the largest public spot fund based on Solana in the US. The new instrument provides access to institutional SOL staking and significantly expands opportunities for investors interested in Solana ecosystem yields.
The largest Solana fund in the US
Grayscale, an asset manager with hundreds of billions of dollars under management, announced the launch of the Solana Trust, which has become the largest spot fund in the US linked to SOL. According to the company, the product allows investors to hold and stake tokens within traditional brokerage accounts, without leaving the regulated field of the US market.
Grayscale CEO Peter Mintzberg noted that adding staking functionality is part of the company’s strategy to institutionalize yield instruments in the crypto industry:
“The ability to stake in our Ethereum and Solana funds is an example of the innovation for which Grayscale was created. We strive to turn new market opportunities into real value for investors.”
Institutional access and new momentum for Solana
The launch of the Solana Trust strengthens the network’s position in the eyes of institutional players. Previously, similar funds for Bitcoin and Ethereum already created significant capital flows and increased market activity. Now Solana is getting a similar chance — not only as an investment asset, but also as a platform for generating income through staking.
According to analysts, integrating staking into a public investment instrument may stimulate the inflow of new institutional funds and increase the share of locked assets in the network. This, in turn, will strengthen the validator economy and increase network stability.
Experts also believe that Grayscale is paving the way for the expansion of legally recognized staking products, creating a precedent for other issuers.
Market reaction and SOL prospects
After the fund’s announcement, the price of Solana (SOL) remains near $201.84 with a market capitalization of $110.9 billion, according to CoinMarketCap. The daily trading volume was about $6 billion, reflecting the high liquidity of the asset despite a temporary decline in spot market interest.
Over the past three months, Solana has grown by almost 13%, remaining one of the best performers among the largest altcoins. Analysts note that after the launch of the GSOL fund, the token may receive an additional boost thanks to increased trust from institutional investors.
Coincu researchers note that the Grayscale Solana Trust could become a key driver of staking in the ecosystem, as well as strengthen regulatory recognition of such products in the US.
What does this mean for the industry
The appearance of the GSOL fund highlights the trend of convergence between traditional finance and the blockchain industry. After the success of Bitcoin ETFs and growing interest in spot funds for Ethereum, the launch of an instrument on Solana demonstrates that institutional capital is increasingly paying attention to new layer-1 networks.
The launch of GSOL could become a turning point for the institutional adoption of Solana, providing it with a stable inflow of funds and increased liquidity.
What’s next?
Grayscale continues to strengthen its status as a leading crypto fund issuer, offering investors new ways to participate in digital asset ecosystems. If the Solana Trust proves the effectiveness of the staking yield model, similar solutions for other networks may appear on the market.
For Solana itself, this event could become the foundation for a new growth cycle and recognition at the level of traditional financial institutions.
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