Grayscale Renames Solana ETF, Excludes Staking
- Grayscale has filed to rename its Grayscale Solana Trust to Grayscale Solana Trust ETF.
- The U.S. SEC has acknowledged but not approved the related 19b-4 application.
- The proposed ETF will not include SOL staking, excluding investors from receiving staking rewards.
- SOL’s current market value is $119, reflecting a 4.5% increase on the day.
Grayscale is seeking to rebrand its Solana trust as an ETF while removing staking capabilities. The SEC has yet to approve the necessary application for this change.
Source (2.6)https://dailyhodl.com/2025/04/04/grayscale-files-s-1-form-with-sec-for-solana-etf-without-sol-staking-function/?rand=59076
