Grayscale has launched its Solana staking exchange-traded product (ETP), GSOL, on NYSE Arca, providing investors with access to Solana through staking yields. The ETP, which manages $102 million in assets, is listed under a generic standard approved by the SEC. It allows for nearly 75% of its SOL holdings to be staked via Figment validators, offering yields of up to 7.7%.
This launch signifies Grayscale's transition from over-the-counter (OTC) products to exchange-traded offerings for Solana staking, expanding investor access to staking opportunities on a regulated exchange.
Grayscale Debuts Solana Staking ETP on NYSE Arca
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