Overview
- Grayscale filed an amended S-1 to convert its Solana Trust into an NYSE Arca–listed ETF under ticker GSOL with a 0.35% fee and the option to stake SOL.
- Bitwise renamed its product the Bitwise Solana Staking ETF, added explicit staking language, set a 0.20% unitary fee, and waived fees for three months or the first $1 billion in assets.
- 21Shares updated its U.S. Ethereum ETF to include staking and suspended its 0.21% sponsor fee for 12 months beginning October 9.
- The SEC has not approved staking features or new listings, and reduced staffing during the government shutdown is delaying routine effectiveness and listing steps.
- Analysts note that if permitted, staking could add yields roughly in the 3–4% range for Ethereum and 7–8% for Solana, a factor that may intensify fee competition among issuers.