PANews reported on October 31 that, according to DL News, Grayscale executive Zach Pandl stated that the Solana spot ETF could achieve the same success as Bitcoin and Ethereum. He argued that it's reasonable to compare Solana to other ETPs Grayscale already has in the market, and that within one to two years, the proportion of SOL tokens held in these ETP structures could reach at least 5%. This means that companies like Grayscale and Bitwise could potentially absorb over $5 billion worth of SOL tokens. Pandl stated that some investors will be interested in these single-token ETP products, but Grayscale expects many investors to prefer diversified cryptocurrency ETP products, which allow investors to access the asset class while reducing complexity to some extent. It also stated that GSOL will distribute 77% of staking rewards to investors, although this percentage may change over time.PANews reported on October 31 that, according to DL News, Grayscale executive Zach Pandl stated that the Solana spot ETF could achieve the same success as Bitcoin and Ethereum. He argued that it's reasonable to compare Solana to other ETPs Grayscale already has in the market, and that within one to two years, the proportion of SOL tokens held in these ETP structures could reach at least 5%. This means that companies like Grayscale and Bitwise could potentially absorb over $5 billion worth of SOL tokens. Pandl stated that some investors will be interested in these single-token ETP products, but Grayscale expects many investors to prefer diversified cryptocurrency ETP products, which allow investors to access the asset class while reducing complexity to some extent. It also stated that GSOL will distribute 77% of staking rewards to investors, although this percentage may change over time.
Grayscale: The US Solana spot ETF is expected to attract $5 billion in inflows over the next two years.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on October 31 that, according to DL News, Grayscale executive Zach Pandl stated that the Solana spot ETF could achieve the same success as Bitcoin and Ethereum. He argued that it's reasonable to compare Solana to other ETPs Grayscale already has in the market, and that within one to two years, the proportion of SOL tokens held in these ETP structures could reach at least 5%. This means that companies like Grayscale and Bitwise could potentially absorb over $5 billion worth of SOL tokens.
Pandl stated that some investors will be interested in these single-token ETP products, but Grayscale expects many investors to prefer diversified cryptocurrency ETP products, which allow investors to access the asset class while reducing complexity to some extent. It also stated that GSOL will distribute 77% of staking rewards to investors, although this percentage may change over time.
Market Opportunity
Dill Price(DL)
$0.001965
$0.001965$0.001965
USD
Dill (DL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push
TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
Coincentral2025/09/18 01:09
Pundit: With the Tech Behind XRP, Why Can’t People See $1,000 or $10,000?
Crypto commentator XRP Avenger (@XRP_Avengers) recently made a bold statement about XRP’s potential, asserting that the cryptocurrency could reach values far beyond
Share
Timestabloid2026/03/15 14:03
Top 3 Cryptos Under $1 That Could Hit $10 By 2028
The post Top 3 Cryptos Under $1 That Could Hit $10 By 2028 appeared on BitcoinEthereumNews.com. Investors are increasingly looking for tokens with long-term value in 2025. While Cardano (ADA) keeps showing strong performance in the market, and Dogecoin (DOGE) keeps holding onto community-led speculation, a new token, Mutuum Finance (MUTM), is building something much larger. Unlike speculative memecoins, Mutuum Finance is building real utility in the shape of its decentralized lending and borrowing protocol as it positions itself to be a fundamentals-driven project that will go way, way beyond the $1 threshold. As the market anticipates the next cycle, the following three coins, Cardano (ADA), Dogecoin (DOGE), and Mutuum Finance (MUTM), are gaining traction for their potential surge to $10 by 2028 but MUTM’s unique value proposition shines extremely brightly. Cardano Holds Firm Amid Market Turbulence Cardano (ADA) is trading at $0.86 currently, level with the rest of the market as investors weigh in upcoming network upgrades against shifting macroeconomic trends. Cardano (ADA) retains its place as one of the flagship layer-1 projects focused on scalability and sustainability, but market participants are increasingly turning towards newer protocols with stronger growth drivers, and Mutuum Finance stands as a better choice in the DeFi market as it evolves. Dogecoin Halts After Rally as Market Considers Next Step Dogecoin (DOGE) is at $0.27, still considerably above its recent level of support after a very active rally. There is resistance at $0.30, and support at the $0.22-$0.25 level, which means probable consolidation unless new buying pressure is seen. Volume has reduced somewhat, suggesting some profit-taking by traders as they await better signals. In comparison to DOGE, analysts are now equating Mutuum Finance as having greater potential for gains. Mutuum Finance: Phase 6 Mark Presale Mutuum Finance has enjoyed a phenomenal level of traction in presale with more than 16,370 investors buying coins and more than $15.9 million raised thus…
Share
BitcoinEthereumNews2025/09/18 15:41