Grayscale Investments is making waves by filing for a spot Solana (SOL) ETF with the U.S. Securities and Exchange Commission. If given the green light, the Grayscale Solana Trust, trading under the ticker GSOL, will hit the New York Stock Exchange. This move aims to transform its current Solana Trust into an ETF, following the path of its Bitcoin and Ether products. With $134.2 million in assets, it's the largest Solana fund globally. Grayscale faces stiff competition from 21Shares, Canary Capital, VanEck, and Bitwise, as Solana's value has surged 275% in the past year. Stay tuned for updates!