{"id":53836,"date":"2021-11-30T18:47:37","date_gmt":"2021-11-30T16:47:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53836"},"modified":"2025-09-03T17:11:47","modified_gmt":"2025-09-03T14:11:47","slug":"grayscale-launches-solana-based-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-launches-solana-based-trust\/","title":{"rendered":"Grayscale launches Solana-based trust"},"content":{"rendered":"<p>The digital asset management company Grayscale Investments announced the launch of a trust to invest in the native token of the Solana network.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The digital asset class is growing, and we\u2019re expanding our offerings along with it! Gain exposure to <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>, the native token of the <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@Solana<\/a> network, through new Grayscale <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&#038;ref_src=twsrc%5Etfw\">#Solana<\/a> Trust. Learn more: <a href=\"https:\/\/t.co\/QiT6u0xI7h\">https:\/\/t.co\/QiT6u0xI7h<\/a> <a href=\"https:\/\/t.co\/KAxRZAriRl\">pic.twitter.com\/KAxRZAriRl<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1465688720514994179?ref_src=twsrc%5Etfw\">November 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are attracting assets for the trust through regular private placements, enabling investors to acquire the asset at net asset value,\u201d the company said.<\/p>\n<\/blockquote>\n<p>The trust uses the CoinDesk SLX index to determine the daily value of the asset. The annual fee for the service will be 2.5% with no upfront charges.<\/p>\n<p>The company intends to bring the Solana trust&#8217;s securities to the secondary market, similar to the Bitcoin-based fund, but provides no guarantees, citing possible prohibitions from regulators.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cInvestors should be prepared to bear the risks of holding the shares indefinitely,\u201d added Grayscale Investments.<\/p>\n<\/blockquote>\n<p>The investment product will become the sixteenth in the company&#8217;s lineup. According to the latest report, assets under management stand at $52.7 billion.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">11\/29\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $52.7 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BAT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BAT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24MANA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MANA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24FIL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$FIL<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LPT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LPT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XLM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24UNI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$UNI<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24AAVE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$AAVE<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24COMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$COMP<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24CRV&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$CRV<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24MKR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MKR<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SUSHI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SUSHI<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SNX&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SNX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24YFI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$YFI<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24UMA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$UMA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BNT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BNT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> <a href=\"https:\/\/t.co\/oOXTDXuHML\">pic.twitter.com\/oOXTDXuHML<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1465434956545597445?ref_src=twsrc%5Etfw\">November 29, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Earlier, Grayscale Investments included Solana and the native token of the decentralized exchange Uniswap <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-adds-solana-and-uniswap-to-the-digital-large-cap-fund\">in the Digital Large Cap Fund<\/a>.<\/p>\n<p>In early November, the company filed <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-files-for-future-of-finance-etf-targeting-blockchain-linked-stocks\">an application to launch an exchange-traded fund (ETF)<\/a> named Grayscale Future of Finance. Its composition will be formed by shares of blockchain-related companies.<\/p>\n<p>Read ForkLogic&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital asset management company Grayscale Investments announced the launch of a trust to invest in the native token of the Solana network.<\/p>\n","protected":false},"author":1,"featured_media":53837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[943,52,1159],"class_list":["post-53836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-investments","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53836"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53836\/revisions"}],"predecessor-version":[{"id":53838,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53836\/revisions\/53838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/53837"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}