Grayscale Solana Staking ETF
GSOL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 636 Avenue Of The Americas New York City NY United States of America 10011
- IPO Date
- May 22, 2023
- CIK
- 0001896677
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Solana Trust ETF (GSOL) is a Delaware statutory trust sponsored by Grayscale Investments Sponsors, LLC that provides investors with passive exposure to Solana (SOL), the native token of the high-performance Solana blockchain network; the Trust holds SOL directly, reflecting its value less the Trust's expenses and liabilities, and currently stakes up to 100% of its SOL holdings through institutional custodians and a diversified network of validators to generate protocol-level staking rewards averaging approximately 7% net annually. Formed on November 9, 2021, and headquartered in Stamford, Connecticut, the Trust operates primarily in the United States, with shares publicly quoted since April 2023 and listed on NYSE Arca as an exchange-traded product (ETP) since October 29, 2025; it is custodied by Coinbase Custody Trust Company, LLC, administered by BNY, and tracks the CoinDesk Solana Reference Rate (CSOLR). The Trust targets institutional and retail investors seeking regulated access to Solana's ecosystem without direct custody or management of the digital asset, serving the cryptocurrency investment segment within the broader digital asset management industry dominated by its sponsor, Grayscale, the world's largest crypto-focused asset manager by assets under management. In recent developments, the Trust initiated staking of its SOL holdings on October 6, 2025, marking Grayscale as the first firm to offer staking through U.S.-listed spot crypto products, with gross staking rewards at 7.85% and net rewards at 7.03% as of December 2025; it uplisted to NYSE Arca on October 29, 2025, under new SEC generic listing standards, enabling a creation and redemption program for authorized participants. Grayscale implemented a temporary sponsor's fee waiver to 0% (from 2.5%) for the first three months or until assets reach $1 billion (whichever first occurs, ending February 5, 2026), followed by a reduced 0.35% fee, alongside a lowered staking fee from 23% to 5%; a sponsor reorganization occurred on January 1, 2025, transitioning full sponsorship to Grayscale Investments Sponsors, LLC and Grayscale Operating, LLC, indirect subsidiaries of Digital Currency Group, Inc. These changes enhance investor economics, liquidity, and total return potential amid Solana's growth as a leading proof-of-stake blockchain for decentralized applications, DeFi, and high-throughput transactions.