GrayScale Investments applied to get ETF Solana Etf with the New York Stock Exchange (NYSE), which reflects an increasing wave of supportive regulations under the leadership of President Donald Trump.
Solana Etf suggested by Grayscale
According to the New York Stock Exchange Official publication Of 19B-4, the proposed confidence is the largest investment fund in Solana in the world, and is about $ 134.2 million of management assets. This number represents about 0.1 % of all Solana (SOL) in trading.
Currently, confidence is not listed as a trading producer (ETP), whose shares have been hindered by the Sol’s basic value closely.
GrayScale believes that the immediate and safer investment vehicle to Solana ETF will provide a safer and safer investment vehicle for investors, and to enable them to trade on the National Organized National Stock Exchange.
It joins the competitors in the follow -up of the Spot investment funds for Litecoin
Confidence has been organized as legal confidence in Dillauer, and operates under a confidence agreement between Grayscale as a sponsor and Deraware Trust as a trustee.
Coinbase Custody Trust Companyy as a guard, while BNY Mellon Asset Asset is expected to work as an official and transfer agent. Distribution and marketing efforts will be dealt with by Foreside Fund Services.
The investment goal of confidence is to ensure that the value of its shares reflects the value of the Sol that TRUST keeps, minus expenses and liabilities.
Although investing in stocks is not equivalent to the direct purchase of Sol, it is designed to provide an effective cost and comfortable alternative to investors who are looking for exposure to this digital asset.
In addition to the Grayscale Solana ETF app, at the Crypting Asset Manager as well foot For the Litecoin ETF spot, agrees to other companies such as Canary Capital and Coinshares, which recently provided similar applications.
Through the last Grayscale app for Solana ETF, the Sol price has seen a remarkable increase by 3.5 %, and a brand recovery of $ 258.
Distinctive image from Dall-E, Chart from TradingView.com
