Grayscale launches Solana ETF with staking feature and lists it on NYSE Arca

According to ChainCatcher, citing The Block, Grayscale has converted its GSOL into an ETF and listed it on NYSE Arca, including SOL staking functionality, and claims to have become the largest Solana ETP manager in the United States.

The previous day, an exchange listed a Solana ETF on the NYSE; Canary launched Litecoin and HBAR ETFs on Nasdaq. During the U.S. government shutdown, the SEC issued guidance stating that S-1 filings without delay clauses can automatically become effective after 20 days; it has also approved listing standards for commodity-based trust shares on three exchanges, which may accelerate the launch of multiple crypto ETFs.