Grayscale Waives Fees on Solana Trust ETF to Drive Investment

Grayscale Investments has announced a temporary fee waiver for its Grayscale Solana Trust ETF, aiming to increase investor participation in the fund. The company also confirmed reduced fees during the staking period. This offer will remain in effect for up to three months or until the fund’s assets under management reach $1 billion, whichever comes first. Grayscale’s initiative reflects growing institutional interest in Solana and underscores competition amongst crypto asset managers as demand for staking-enabled products grows.