Grayscale debuts Solana ETF, joining Bitwise in SOL staking ETF race

CointelegraphWednesday, October 29, 2025 at 2:54:40 PM
Grayscale debuts Solana ETF, joining Bitwise in SOL staking ETF race
Grayscale Investments has made a significant move by launching its staking-enabled Solana ETF on NYSE Arca, with an impressive backing of $103 million in seed capital. This positions Grayscale as the second Solana ETP manager in the US, joining Bitwise in the growing market for cryptocurrency investment products. This development is important as it reflects the increasing institutional interest in Solana and the broader acceptance of cryptocurrency ETFs, potentially paving the way for more innovative financial products in the future.
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