Grayscale launches options trading for its Solana ETF

Key Takeaways

  • Grayscale has introduced options trading for its Solana ETF (GSOL), giving investors new ways to gain exposure to Solana.
  • The ETF offers staking benefits a first for US listed crypto investment products.

Grayscale, a leading issuer of crypto investment products, today launched options trading on its GSOL ETF, a Solana-focused exchange-traded fund that offers investors exposure to the cryptocurrency with integrated staking benefits.

Grayscale recently introduced its Solana Trust ETF on the NYSE Arca, a major US exchange, providing regulated access to Solana, a proof-of-stake blockchain known for its high-speed and low-cost transaction processing.​

The company has incorporated staking into its Solana and Ethereum trusts, marking a first for US investment products in enabling potential rewards from network validation.

Source: https://cryptobriefing.com/grayscale-gsol-etf-options-zero-fees-staking/