Grayscale Investments has introduced its Solana ETF, trading under the ticker GSOL on NYSE Arca, with a management fee of 0.35%. The ETF is designed to capitalize on Solana's staking capabilities, providing institutional investors with a novel financial product. Grayscale CEO Peter Mintzberg highlighted the strategic importance of staking in the ETF, aiming to enhance investor value. The launch is anticipated to draw substantial institutional interest, as CoinShares reports $750 million in weekly inflows into Solana products.
Grayscale Launches Solana ETF on NYSE Arca with 0.35% Fee
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