Grayscale Files Solana ETF Proposal with 0.35% Management Fee

Crypto asset manager Grayscale has formally submitted an application to list a Solana-based exchange-traded fund (ETF) under the ticker symbol GSOL. The filing proposes a 0.35% annual management fee paid in SOL, and although the firm may consider temporary waivers, no such waiver is currently planned. This move comes amid regulatory delays stemming from the U.S. government shutdown, which further hampers Grayscale’s timeline for listing.