Grayscale Launches Staking-Enabled Solana ETF on NYSE Arca

Published: 2025-10-29 13:28:00 |

Grayscale Investments converted its Grayscale Solana Trust into a staking-enabled Solana ETF on NYSE Arca. The fund holds 525,387 SOL (over $102m AUM) and stakes roughly 75% of assets, passing 77% of net staking rewards to investors. This debut follows Bitwise’s Solana ETF and Canary’s listings of Litecoin and HBAR ETFs on Nasdaq. Traders should watch SOL price action, ETF inflows, and staking yields as key market indicators.

Bullish

The launch of a staking-enabled Solana ETF on NYSE Arca is bullish for SOL as it broadens institutional access and creates additional demand through ETF inflows and on-chain staking. In the short term, heightened buying pressure from ETFs may push SOL prices higher. In the long term, locked-up staking assets and regulated yield products support sustainable demand and reduced circulating supply.