Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.
Digital asset manager Grayscale Investments has filed with the United States Securities and Exchange Commission to launch a spot Solana exchange-traded fund (ETF).
If approved, the Grayscale Solana Trust, under the ticker GSOL, would trade on the New York Stock Exchange, according to a 19b-4 filing with the SEC on Dec. 3.
If approved, the ETF would be a conversion of the existing Grayscale Solana Trust into spot ETF — the same as how Grayscale converted its spot Bitcoin (BTC) and Ether (ETH) trusts into ETFs.
