Grayscale Expands Solana ETF Access with Options Trading Launch

Grayscale expands its Solana Trust ETF with options trading, enhancing flexibility as SOL targets recovery after recent correction.

Grayscale has introduced options trading for its Solana Trust ETF (GSOL), giving investors more ways to manage exposure to Solana’s expanding ecosystem. The move adds flexibility for traders seeking to hedge positions or capitalize on volatility as institutional interest in Solana continues to grow. 

GSOL, which launched with 100% staking and zero management fees for its first three months, has attracted attention for combining yield-generating staking rewards with ETF accessibility.

GSOL Expands Institutional Access to Solana

The launch of GSOL options comes at a time when Solana has emerged as one of the most actively traded digital assets. Investors can now use derivatives to build customized strategies tied to Solana’s price and staking performance. 

The ETF currently offers an average annual staking reward of over 7%, according to Grayscale. After the initial fee waiver period or once assets reach $1 billion, the expense ratio will shift to 0.35%.

Besides new trading tools, the fund remains distinct from traditional ETFs because it is not registered under the Investment Company Act of 1940. This means investors should assess the risks carefully, as GSOL’s volatility could mirror Solana’s price swings. Nonetheless, the addition of options is expected to draw more institutional traders seeking alternative crypto exposure.

Solana ETFs Maintain Inflow Streak

While Grayscale expands its product line, demand for Solana-linked ETFs has remained consistent. As earlier reported by Coinpaper, U.S. spot Solana ETFs recorded their tenth consecutive day of net inflows on Monday, totaling $6.78 million. Bitwise’s BSOL led with $5.92 million, while GSOL added $854,480.

Although inflows have slowed since launch, the trend indicates sustained investor confidence in Solana’s long-term potential. The combined inflows since October 28 have reached $342.48 million. Only two sessions recorded no activity for GSOL, highlighting steady accumulation despite recent price weakness.

Analysts See Solana Poised for Recovery

As of press time, Solana price has corrected to $158.94 after a 4.76% daily drop. According to market analyst BitGuru, Solana has completed a prolonged consolidation phase between $160 and $190. 

Source: X

The token found support near $150 before beginning a recovery that now targets the $185–$190 resistance zone. A breakout above this region could push SOL toward $200, signaling a broader bullish trend continuation.

However, BitGuru cautions that failure to overcome resistance may result in another range-bound phase. Maintaining support above $160 remains key to sustaining momentum as Solana consolidates its position among leading blockchain assets.