Grayscale Solana Trust ETF Launches on NYSE Arca
STAMFORD, Conn., Oct. 29, 2025 — Grayscale Investments has kicked off trading for its Grayscale Solana Trust ETF (ticker: GSOL) on the NYSE Arca, marking a significant step for the digital asset investment landscape. This introduction aligns with new listing standards approved by the U.S. Securities and Exchange Commission and represents Grayscale’s first staking product in this format.
It’s important to note that GSOL, as an exchange-traded product, doesn’t carry the same legal protections and regulations as funds registered under the Investment Company Act of 1940. There are inherent risks, including the risk of losing principal. While GSOL holds Solana, it isn’t a direct investment in Solana itself.
With GSOL’s debut, Grayscale is now one of the leading managers of Solana ETPs in the United States, based on assets under management (AUM). Drawing from its extensive experience in crypto asset management and its established position in Bitcoin and Ethereum ETPs, Grayscale aims to guide investors through the complexities of the market.
“The launch of GSOL reinforces our perspective that modern portfolios benefit from digital assets for growth and diversification,” said Inku Kang, Grayscale’s senior vice president of ETFs. “We see Bitcoin and Ethereum ETPs as just the beginning. With GSOL, we’re broadening investment options, supported by an infrastructure that advisors and institutions expect.”
Kristin Smith, president of the Solana Policy Institute, remarked, “The foundations of global finance are being constructed on Solana, providing millions of investors with staking ETPs like GSOL. By staking through these products, investors can increase their exposure, enhance network security, spur developer innovations, and gain rewards from one of modern finance’s most vibrant assets. It’s a chance for investors to take part in Solana’s future on their terms.”
Solana is recognized as a high-performance Proof of Stake blockchain, noted for its efficiency and throughput. It has become a platform for numerous users, innovative firms, and major financial institutions. As both retail and institutional investment in digital assets rises, GSOL offers an accessible way to gain exposure to Solana and its staking rewards in a familiar ETP format, complemented by an institutional staking program.
Founded in 2021, GSOL was listed on OTCQX in 2023 and began staking operations in October 2025. The revenue from staking will factor into the net asset value (NAV), allowing investors the possibility of earning compounded interest. Grayscale plans to return 77% of all staking rewards generated back to GSOL investors. As one of the early Spot Solana ETPs that enables staking in the U.S., it intends to provide added value from participation in the Solana network.
For additional details about GSOL, visit the official website.
About Grayscale
Grayscale offers access to the digital economy via a range of innovative investment products. Since its founding in 2013, Grayscale has developed significant expertise in digital asset management, currently overseeing around $35 billion in assets. The platform serves individual investors, advisors, and asset allocators with options for single-asset, diversified, and thematic exposure.
Investors should exercise caution before investing in the Grayscale Solana Trust ETF (“GSOL” or the “Fund”).
Staking Risks. When the Fund stakes Solana, it encounters typical risks associated with staking, as it requires locking up Solana for a designated period according to the staking protocol. Consequently, the Fund may not be able to sell or transfer staked Solana, making it illiquid during that time. Additionally, fluctuations in Solana’s market price during the lock-up might affect potential selling opportunities. There are also chances of missing income opportunities during the Unstaking Period.
Foreside Fund Services, LLC serves as the marketing agent, while Grayscale Investments Sponsors, LLC sponsors GSOL.
Contact Information
Email: press@grayscale.com
Client inquiries: 866-775-0313
info@grayscale.com
