Grayscale Amends Solana ETF Filing to Distribute Staking Rewards Quarterly, Cuts Fees
BitcoinWorld Grayscale Amends Solana ETF Filing to Distribute Staking Rewards Quarterly, Cuts Fees Crypto asset manager Grayscale has filed an amendment with the U.S. Securities and Exchange Commission (SEC) for its proposed Solana staking exchange-traded fund (ETF), GSOL.
The updated proposal outlines a plan to liquidate staking rewards into cash at least quarterly and distribute them directly to shareholders, according to a report from Cryptopolitan.
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