Home NewsAltcoin Solana ETFs Move Closer as Grayscale & VanEck File Key Updates

Solana ETFs Move Closer as Grayscale & VanEck File Key Updates

by Ouess

The race to launch the first Solana ETFs just heated up. Grayscale and VanEck submitted amended S-1 filings, revealing crucial details about fees, staking, and custody arrangements.

Grayscale’s Solana ETF (GSOL) Highlights

  • 2.5% sponsor fee – Higher than Bitcoin ETF counterparts
  • Coinbase Custody as sole custodian
  • Cash-only model (no in-kind creations initially)
  • Passive SOL holding (no staking yet, but may change)
  • Ticker: GSOL | Exchange: NYSE Arca

VanEck’s Competitive Edge (VSOL)

  • Lower 1.5% fee undercuts Grayscale
  • Staking rewards included (via third-party validators)
  • Gemini + Coinbase as co-custodians
  • Future LST integration possible
  • Ticker: VSOL | Exchange: Cboe BZX

Why This Matters

✅ Approval signals growing – Final SEC decision could come soon
✅ Staking differentiation – VanEck’s active approach may attract more investors
✅ Fee war begins – 1.5% vs 2.5% sets stage for competition

Both ETFs will track the CoinDesk SLX Index and operate as grantor trusts, avoiding stricter investment company regulations.

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
Social Media Auto Publish Powered By : XYZScripts.com
Skip to content