**News Flash: Solana ETFs Unlikely to Gain Traction Among US Investors**

Solana (SOL) exchange-traded funds (ETFs) are not expected to attract significant interest from US investors, according to Katalin Tischhauser, head of investment research at Sygnum. Tischhauser pointed out that the Grayscale Solana Trust (GSOL) has seen minimal investor activity, with assets under management (AUM) below $70 million. In stark contrast, the Grayscale Bitcoin Trust (GBTC) managed nearly $30 billion before its ETF conversion.

Despite some demand indicated by GSOL shares trading at a high premium to net asset value (NAV), Tischhauser believes it won't significantly impact the market. Bitcoin (BTC) and Ethereum (ETH) ETFs have dominated, with a combined AUM of nearly $63 billion.

While asset managers like Franklin Templeton and VanEck are interested in launching SOL ETFs, Blackrock has no plans, citing low client interest. Tischhauser suggests smaller issuers might benefit from launching these products, but they won't make a significant market impact.