BREAKING
230d 5h ago

Grayscale Files Amended S-1 for Solana Trust ETF with 2.5% Management Fee

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

On June 14th, Grayscale filed an updated S-1 registration statement for its Solana Trust ETF, disclosing a management fee of 2.5%. This amendment highlights the cost structure investors can expect when engaging with the trust product. The filing underscores Grayscale’s ongoing efforts to expand its portfolio of cryptocurrency-focused exchange-traded funds, catering to growing institutional and retail demand for diversified digital asset exposure. The specified fee aligns with industry standards for actively managed crypto trusts, reflecting the operational expenses associated with managing a Solana-based investment vehicle. Market participants should consider these fee implications when evaluating the potential returns and overall cost-efficiency of the Solana Trust ETF within their broader crypto investment strategies.

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