🚀 Grayscale is diving into the Solana ETF race, aiming to transform its Solana Trust into an ETF! With a 19b-4 filing by NYSE Arca, the SEC is now in the loop. Grayscale joins Bitwise, VanEck, 21Shares, and Canary Capital in this exciting ETF pursuit.

Having already converted its Ethereum and Bitcoin trusts, Grayscale's Solana Trust, launched in 2021, boasts $134M in assets. Solana's been on a tear, up over 130% YTD, especially post-Trump's election hinting at crypto-friendly regulations.

What do you think about Solana's rally and Grayscale's move? Share your thoughts! 💬