Grayscale Submits Revised Application for Solana Spot ETF

Digital asset management firm Grayscale has filed an updated registration statement with the SEC for a spot Solana ETF, aiming to bring this fast-growing blockchain platform into the spotlight of institutional investors. The company’s latest filing signals a strong belief in the increasing demand for Solana and its potential long-term growth. This would be the first-ever spot Solana ETF in the U.S., offering investors direct exposure to the token without holding it directly.