- Grayscale launches Solana Trust ETF (GSOL) with both spot and staking exposure.
- The ETF trades on NYSE Arca under new SEC-approved standards.
- Investors will receive 77% of staking rewards from Solana holdings.
Grayscale Investments has launched the Solana Trust ETF (ticker: GSOL), one of the first U.S.-listed exchange-traded products combining both spot Solana exposure and staking rewards. This marks a major expansion for Grayscale beyond its Bitcoin and Ethereum offerings.
GSOL is now trading on NYSE Arca, giving investors a regulated avenue to gain exposure to, SOL, while also earning staking returns. The launch follows the SEC’s approval of new listing standards for exchange-traded products, positioning GSOL among the first of its kind in the country.
According to Grayscale, Solana’s efficiency, speed, and scalability make it one of the most promising networks in blockchain. The company described it as a platform capable of handling thousands of transactions per second with low fees, attracting both institutional and retail users.
Expanding Institutional Access to Solana
The new ETF seeks to provide investors with direct exposure to the growth story of the network without having to deal with self-custody and staking nodes. GSOL is targeted towards retail and institutional investors as it seeks to provide a combination of asset and income opportunities through staking.
Grayscale announced that investors will get 77% of the staking reward that is accumulated in the trust on a net basis. The returns will be reflected in the net asset value of the fund. This will have a compounding effect and a new way for investors to participate in Solana’s Proof-of-Stake.
Inkoo Kang, Senior Vice President for ETFs of Grayscale, said:
Today’s GSOL launch underscores our conviction that the modern portfolio includes digital asset exposure for growth and diversification alongside equities, bonds, and alternatives. Bitcoin and Ethereum ETPs were just the start, and with GSOL, we’re expanding investor choice, backed by the scale, education, and operational infrastructure that advisors and institutions expect.
Solana’s Growing Role in Global Finance
The network has been making steady progress as a performant blockchain platform for hosting decentralized apps and financial infrastructure. It is known for its low cost-per-transaction and high transaction throughput. The latter has remained a huge factor in its continued adoption.
Kristin Smith, the president of Solana Policy Institute, highlighted that instruments like GSOL not only help investors track the performance of Solana but are also involved in network security through staking.
The Grayscale GSOL Trust, which first launched in 2021 and earlier traded on the OTCQX market, is a full trading product that has staking capabilities since October 2025.
Also Read: Solana Eyes $210 Milestone Following Bitwise Staking ETF Launch
