Grayscale Solana ETF Launch Set for October 29 Amid Staking Advantage Debate

Grayscale confirmed its Solana ETF (GSOL) will launch on October 29 following New York Stock Exchange approval, featuring staking rewards. The fund converts from the existing Grayscale Solana Trust, which holds 525,387 SOL worth $102.6 million. Traders are assessing GSOL's edge over Bitwise's BSOL after SOL dipped from $200 to $190 despite strong initial inflows into rival products.