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News Explorer — Grayscale Launches Solana Trust to Let Investors Buy and Sell SOL

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Apr 17, 2:57 pm

Blockworks

Grayscale Launches Solana Trust to Let Investors Buy and Sell SOL

Grayscale's Solana Trust has begun trading publicly under the ticker symbol GSOL, allowing retail investors to buy and sell shares through their investment accounts. The trust is designed to track the Solana (SOL) digital asset, which is up 150% year to date but still 75% below its $100 price point one year ago. Grayscale's two largest funds, GBTC and ETHE, are trading at a discount relative to the digital assets they hold, prompting some investors to be angry.

Grayscale's Solana Trust has begun trading publicly under the ticker symbol GSOL, allowing retail investors to buy and sell shares through their investment accounts. The trust is designed to track the Solana (SOL) digital asset, which is up 150% year to date but still 75% below its $100 price point one year ago. Grayscale's two largest funds, GBTC and ETHE, are trading at a discount relative to the digital assets they hold, prompting some investors to be angry.

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