Grayscale Investments, the world’s largest digital asset-focused investment platform, has announced Grayscale Solana Trust ETF (GSOL) is now officially traded on NYSE Arca as an exchange traded product (ETP).
This marks a significant milestone, making it the first of Grayscale’s staking products to be uplisted under the new SEC-approved generic listing standards.
Lead Solana ETP manager
With GSOL now trading on NYSE Arca, Grayscale is now among the leading Solana ETP managers in the US in terms of assets under management. This builds on its strong track record in crypto asset management and leadership in Bitcoin and Ethereum products.
GSOL provides exchange-listed, low-cost exposure to Solana and its staking rewards through a trusted ETP format, backed by an institutional staking program.
GSOL launched in 2021 and began staking in October 2025. Staking returns are captured in NAV, giving investors the potential to compound over time. Grayscale plans to pass on 77% of all wagering rewards to GSOL investors on a net basis.
GSOL is an exchange-traded product and does not offer the same legal protections as traditional ETFs or mutual funds. Grayscale also notes that although GSOL owns Solana, an investment in GSOL is not a direct investment in Solana.
Digital assets in modern wallets
Inkoo Kang, Senior Vice President of ETFs at Grayscale, notes that the launch of GSOL reinforces the company’s belief that the modern portfolio now includes digital assets for growth and diversification, in addition to traditional assets such as stocks, bonds and alternatives.
“Bitcoin and Ethereum ETPs were just the beginning, and with GSOL we are expanding investor choice, supported by the scale, education and operational infrastructure advisors and institutions expect,” he added.
Investor participation in network growth
The president of the Solana Policy Institute notes that the rails of the global financial industry are being rebuilt on Solana and millions of investors can now gain exposure to it through Solana deploying ETPs such as Grayscale’s GSOL.
By investing in these products, investors not only gain exposure to Solana, but also the opportunity to help secure the network, support developer innovation, and earn rewards from one of the most dynamic digital assets.
A busy week for crypto ETFs
This comes after three new crypto ETFs hit Wall Street on Tuesday. Bitwise launched its Solana Staking ETF on the NYSE, while Canary listed its Litecoin ETF and HBAR ETF on Nasdaq.
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