Grayscale and Bitwise don Launch Staked Solana ETF for NYSE Arca
Grayscale Investments don launch one staked Solana ETF (ticker: GSOL) for NYSE Arca wit $102.7 million seed capital. E follow after Bitwise spot Solana ETF debut wey raise $222.9 million, make GSOL be the second U.S Solana ETF. Together, both products attract $325.6 million at launch.
The new Grayscale Solana ETF dey offer direct SOL exposure and on-chain staking. E distribute 77% of staking rewards to investors and keep 23% for operations. Bitwise fund allocate 72% of rewards to holders. Analysts dey forecast $3–6 billion inflows for first year, driven by better liquidity, tighter bid-ask spreads, and growing institutional demand.
For im first trading day, Bitwise see $69.5 million inflows. Market people talk say better access to staking yields and improved market depth fit boost SOL trading volumes and price stability. Traders fit now compare fees, reward splits, and liquidity between these two Solana ETFs.
Bullish
By launching a second Solana ETF wey get staking inside am, Grayscale and Bitwise dey ready to draw plenty institutional money enter SOL. Seed assets dem get $325.6 million combine, plus first day money wey come in, and forecast say e go reach $3–6 billion, all these show say demand strong. Di way dem dey redistribute staking rewards go boost the returns for investors, plus say listing for NYSE Arca go make market liquidity better and tight the spread. For short term, this one fit increase trading volume and bring positive market feeling about SOL. For long term, more institutional people using am plus on-chain staking go help secure the network and make token demand steady, wey go support SOL’s bullish fundamentals.