Share this article
Grayscale Launches New Trust Dedicated to Solana
The Grayscale Solana Trust is now available to eligible individual and institutional accredited investors.
Updated May 11, 2023, 7:05 p.m. Published Nov 30, 2021, 2:00 p.m.
Digital asset manager Grayscale Investments has unveiled its 16th investment vehicle which will be passively invested in solana . Grayscale is a subsidiary of Digital Currency Group, the parent company of CoinDesk.
- The Grayscale Solana Trust is now available to eligible individual and institutional accredited investors, the firm announced Tuesday.
- It follows similar products that offer exposure to prominent digital assets such as bitcoin, ether, bitcoin cash, litecoin and stellar lumens.
- Solana has enjoyed explosive growth in 2021, increasing from around $1.50 at the start of the year to $214 at the time of writing.
Read more: Grayscale Files With SEC to Convert Its Bitcoin Trust Into an ETF
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand
Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
What to know:
- Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a filing.
- The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
- Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
Top Stories
