Grayscale announces the waiver of management fees for the Solana ETF until the fund's assets under management reach $1 billion
According to official news, the digital asset investment platform Grayscale Investments announced on the X platform that it will waive the sponsor fees for the Grayscale Solana Trust ETF (code: GSOL) and reduce related fees during the staking period, for a maximum of three months, or until the fund's assets under management (AUM) reach $1 billion, whichever comes first.
The fund has now staked up to 100% of SOL, offering a staking yield of 7.23%. The fee waiver policy applies to both new investors and existing GSOL investors.
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