Grayscale Waives Management Fees and Expands Staking up to 100% for Solana Trust (GSOL), Offering 7.23% Staking Rewards Rate

Core Insights - Grayscale Investments has waived the sponsor's fee and reduced staking fees for the Grayscale Solana Trust ETF (GSOL) for up to three months or until the fund's AUM reaches $1 billion, whichever comes first [1][4] - GSOL is now staking up to 100% of its SOL at a 7.23% Staking Reward Rate, benefiting both new and existing investors [1][4] - The fund aims to provide long-term benefits through a diversified validator approach, enhancing the staking program [2] Company Overview - Grayscale Investments is the largest digital asset-focused investment platform based on AUM as of November 3, 2025, with a decade-long track record in the digital asset space [4] - GSOL was launched in 2021 as a private placement, listed on OTCQX in 2023, and began staking in October 2025, subsequently uplisting as an ETP [3] - The company enables investors to access the digital economy through various investment products, including single asset, diversified, and thematic exposure [3] Product Features - GSOL offers exchange-listed exposure to Solana, a high-performance, proof-of-stake blockchain known for its high throughput and low fees [2] - The fund's staking program is designed to compound returns over time, with a focus on maximizing investor economics [2][3] - The gross staking return of 7.23% represents the average total annualized return on staked assets for the period from October 10 to November 4, before deducting any staking fees [4]