Grayscale is seeking to convert its Grayscale Solana Trust (GSOL) into an exchange-traded fund. The trust, which was created by Grayscale in 2021, has $134 million in assets under management.
Grayscale is now the fifth asset manager that has filed to launch a Solana ETF, following Bitwise, VanEck, 21Shares and newly formed Canary Capital.
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