Grayscale files with SEC for spot Solana ETF
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.
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Author: Brayden Lindrea
