Grayscale Opens Options Trading for Solana ETF as Inflows

Grayscale has launched options trading for its Solana Trust ETF (GSOL), expanding investment opportunities linked to the Solana ecosystem. The new feature enables broader market participation and strategic flexibility for investors seeking exposure to Solana-based products.

Solana ETFs Rise With Grayscale, Bitwise Moves

The asset manager announced in an X post that options on its SOL ETF (GSOL) are now live. GSOL adopts 100% staking with 0% management fee and brings over 7% average annual staking reward rate.

This architecture would allow investors to share profits derived from yield and have exposure to the market movement of Solana. The inclusion of options trading for the Solana ETF is the latest milestone in what has been a growing list of Solana-related financial products.

This development comes just two weeks after Grayscale launched its SOL ETF. The asset manager is the first to make this move, as Bitwise, which also launched its SOL fund two weeks ago, has yet to do so.

Options for the U.S. largest Solana ETF go live, as Bitwise Investments President unveils options trading on BSOL. This is a significant advancement in the continued enablement of institutional access to financial products on Solana. The debut brings key instruments for risk management, yield chasing and discoverable pricing.

Solana ETFs See 10-Day Inflow Streak Amid Market Volatility

On November 10, Solana spot ETFs attracted $6.78 million in new inflows, extending their streak of gains. These spot Solana exchange-traded funds (ETFs) listed in the United States have seen 10 consecutive days of net inflows.

The two Solana ETFs have raised a total of $342.48 million since they began trading on October 28. They have been kept consistently mobile almost every day, with only two sessions showing any periods of inactivity.

Spot Bitcoin ETFs received $1.15 million in inflows on Monday, all from Bitwise. Ethereum ETFs reported no flows, while Canary Capital’s Litecoin ETF added $2.11 million. The data places Solana amongst the most actively traded altcoin ETFs currently on offer in the US so far.

Yet institutional capital is still flowing into the network despite Solana’s 18.21% price drop over the past month. The token is worth 159.09 as of press time, on the back of more than 3.2 million active wallets and about 70 million daily transactions in October. These signals would be pointing to a high-level ecosystem engagement even in such times of price corrections.

Continued inflows to Solana ETFs demonstrate institutional investment in the blockchain as a long-term prospect. The product expansion through GSOL options and the continued fund inflows demonstrate Solana’s increasing relevance in digital asset investment portfolios.