Anticipation Builds as Grayscale Solana ETF Nears Listing

Grayscale Investments, a major U.S. asset management firm, announced that it will convert its Grayscale Solana Trust into an ETF (Exchange Traded Fund), initiating trading on the New York Stock Exchange (NYSE Arca) under the ticker 'GSOL' on the 29th. This conversion enables trading on a major exchange, moving away from over-the-counter transactions.

GSOL is the largest Solana spot ETF in the U.S., with an Asset Under Management (AUM) of approximately $105 million (about 16 billion yen). The ETF has set an annual management fee of 0.35% and includes the staking features of the Solana network...