HomeBusinessConverting Solana Trust into an Exchange-Traded Fund through grayscale files

Converting Solana Trust into an Exchange-Traded Fund through grayscale files

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The Grayscale investment company has filed a proposal to convert its Solana trust into an exchange-traded fund (ETF), increasing accessibility and liquidity for the Solana ecosystem.

The Grayscale investment company has filed a proposal to convert its Solana trust into an exchange-traded fund (ETF). This move aims to provide investors with more flexibility in accessing the Solana ecosystem. The ETF will allow for trading on public exchanges, making it easier for investors to buy and sell Solana tokens. This development is seen as a positive step for the Solana community, as it increases accessibility and liquidity.

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