Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). The ETF will trade under the ticker symbol "GSOL" and will hold spot SOL as the underlying asset, according to the April 4 S-1 filing. Grayscale announced plans to convert its existing Grayscale Solana Trust into an ETF in its 19b-4 application filed with the SEC in December 2024. The filing is among several crypto ETF applications in the United States following a regulatory shift in Washington DC, and Solana is widely expected to be the next digital asset ETF approved by the SEC
source: https://cointelegraph.com/news/grayscale-files-s1-sec-solana-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound