Grayscale Launches OTC Trading of Solana Mutual Fund

Open for public trading

Grayscale announced on the 17th that the Solana (SOL) mutual fund has been listed on the OTC Markets. As a result, SOL investment trust stocks can now be traded on a secondary basis.

NEW TODAY: Grayscale Solana Trust has begun trading on @OTC Markets under the symbol $GSOLWe’re proud to provide investors with cost-effective and convenient ways to access digital currencies. https://t.co/8AJN4OaDTO pic.twitter.com/8T7xILNLuX

— Grayscale (@Grayscale) April 17, 2023

Solana Investment Trust (Grayscale® Solana Trust) will begin a private placement in November 2021, expanding to 304,427 shares. The asset size is equivalent to 380 million yen.

Grayscale mutual funds that can be traded on OTC Markets, the main OTC market in the United States, include Bitcoin Mutual Funds and Ethereum Mutual Funds.

Grayscale is currently filing a lawsuit against the SEC over the conversion of the bitcoin investment trust “GBTC” to an ETF.

connectionU.S. Court Questions SEC Claims in Grayscale GBTC Lawsuit

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