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Grayscale Announces Zero Solana Trust Management Fee Until Fund AUM Reaches $1 Billion
By: theblockbeats.news|2025/11/05 23:15:53
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BlockBeats News, November 5th, according to official sources, digital asset investment platform Grayscale Investments today announced that it will waive the sponsor fee for the Grayscale Solana Trust ETF (ticker: GSOL) and reduce related fees during the staking period, for a maximum of three months, or until the fund's assets under management (AUM) reach $1 billion, whichever comes first.
The fund has now staked up to 100% of SOL, providing a staking yield of 7.23%. The fee waiver policy applies to new investors and existing GSOL investors.
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