Grayscale has filed an amendment with the SEC to modify its Solana staking ETF, GSOL, to distribute staking rewards as cash to shareholders quarterly, starting August 7. The ETF will offer an annualized yield of approximately 6.1%. This change marks a shift from the previous model where rewards were added to the fund's net asset value. Additionally, Grayscale has reduced the management fee from 0.35% to 0.19% and the staking fee from 23% to 7%. This strategy mirrors a similar approach previously adopted for Grayscale's ETH ETF.