{"id":15392,"date":"2025-11-06T18:01:19","date_gmt":"2025-11-06T18:01:19","guid":{"rendered":"https:\/\/bitunikey.com\/news\/grayscale-waves-fees-on-solana-etf-to-attract-new-investors\/"},"modified":"2025-11-06T18:01:27","modified_gmt":"2025-11-06T18:01:27","slug":"grayscale-waves-fees-on-solana-etf-to-attract-new-investors","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/grayscale-waves-fees-on-solana-etf-to-attract-new-investors\/","title":{"rendered":"Grayscale waves fees on Solana ETF to attract new investors"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Grayscale has decided to temporarily remove management fees for its Solana Trust ETF to boost adoption. <\/p>\n<div id=\"cn-block-summary-block_09f946e9823715773b917460b17bca73\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Grayscale has temporarily removed management fees for its Solana Trust ETF<\/li>\n<li>The promotion will last for three months, or until the fund reaches $1 billion AUM<\/li>\n<li>The fund will stake up to 100% of its SOL at a 7% rewards rate<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The asset management company is betting big on Solana, in hopes of attracting new investors. On Wednesday, November 5, the investment firm has decided to drop all management fees for its Solana Trust ETF (GSOL). The firm will also stake all of its SOL holdings at an average 7% gross staking reward.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe have been staking in GSOL since October 6th, even before it became an ETP. GSOL aims to deliver real long-term benefits for investors, highlighted by our diversified validator approach, a key aspect of the staking program deployed in GSOL,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/11\/05\/3181551\/0\/en\/Grayscale-Waives-Management-Fees-and-Expands-Staking-up-to-100-for-Solana-Trust-GSOL-Offering-7-23-Staking-Rewards-Rate.html\" target=\"_blank\" rel=\"nofollow\">said<\/a> Inkoo Kang, Senior Vice President, ETFs, at Grayscale. <\/p>\n<\/blockquote>\n<p>Grayscale will drop its management fees on its Solana (SOL) fund for up to three months, or until the fund reaches $1 billion in assets under management, whichever comes first. Moreover, investors don\u2019t receive staking rewards directly. Instead, the returns will be reflected in the appreciation of the trust\u2019s share value. <\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Grayscale Solana Trust ETF net asset value per share | Source: Grayscale<\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Grayscale\u2019s Solana Trust ETF <\/h2>\n<p>According to Grayscale, the move will direct more of the economic rewards to investors, in hopes of attracting more capital. The asset manager is also under increased competition from other ETFs, including VanEck, 21Shares, and Ark. <\/p>\n<p>Grayscale Solana Trust ETF is designed to track the performance of SOL, giving investors exposure to the token through the stock market. The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/etfs.grayscale.com\/gsol\" target=\"_blank\" rel=\"nofollow\">fund<\/a> currently manages $93.983 million in assets and holds 578,144 SOL. GSOL operates as an exchange-traded product, and not a U.S.-registered ETF.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale has decided to temporarily remove management fees for its Solana Trust ETF to boost adoption. Summary Grayscale has temporarily removed management fees for its Solana Trust ETF The promotion&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15392"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15392\/revisions"}],"predecessor-version":[{"id":15394,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15392\/revisions\/15394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15393"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}