Grayscale Adds Options Trading to GSOL Solana ETF
Grayscale has added options trading for its GSOL Solana ETF. This move lets investors use derivatives to hedge and profit from price swings in Solana. GSOL offers 100% staking with a current annual reward over 7% and waived fees for the first three months. After meeting $1 billion in assets or the fee period ends, the expense ratio will rise to 0.35%. Unlike traditional funds, GSOL is not registered under the Investment Company Act of 1940.
U.S. spot Solana ETFs saw a tenth day of net inflows, totalling $6.78 million. Bitwise’s BSOL led with $5.92 million, while GSOL added $854,480. Total inflows since October 28 reached $342.48 million. Only two sessions showed no activity for GSOL.
Solana’s price dropped 4.76% to $158.94. Analyst BitGuru notes a consolidation range between $160 and $190, with support near $150. A break above $190 could push SOL towards $200. Maintaining support above $160 remains critical for a bullish recovery.
Bullish
The launch of options trading for the GSOL Solana ETF is likely bullish for market activity and price. Options markets enhance liquidity and allow institutional traders to hedge or express directional views, reducing risk and attracting capital. Similar expansions in Bitcoin ETF derivatives have historically led to higher trading volumes and positive price momentum. Steady net inflows into Solana ETFs and strong staking rewards further signal investor confidence. In the short term, increased trading tools may boost SOL demand and support price levels. Over the long term, greater institutional access and product diversity should underpin sustained growth in Solana’s ecosystem.