Skip to content
etf.net

GSOL

GradeANew York Stock Exchange Arca

Grayscale Solana Staking ETF

Crypto · Grayscale · Inception 2021-11-18 · SEC filings

$8.65−0.30 (−3.40%)

As of Sep 23, 2026, 3:03 PM EDT

History starts Apr 27, 2023.
Intraday session: down, 66 prints from 8.96 to 8.65. Range 8.60 to 8.88. Use the arrow keys to read each point.$8.60$8.70$8.80$8.9010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$188M
1Y return
−46.4%
Yield · Last 12 months
Data unavailable
Volume · 30D
3.8M sh
NAV per share
$8.96
52W range
low $4.61high $18.21

The ETF.net GSOL Grade

A

71/ 100

Rank 1 of 9 in Spot Solana⁠

Confidence Medium

Six-pillar profile for GSOL. Scores out of 100: Cost 74, Risk 12, Mission 100, Tradability 77, Holdings not scored, Durability 78. Strongest: Mission (100). Weakest: Risk (12). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 74
    Category rank3/9 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/8 · top 25%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 12
    Category rank8/8 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 77
    Category rank1/9 · top 11%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 78
    Category rank1/9 · top 11%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GSOL

ETF.net Research

AGrayscale ran a Solana trust back in 2021, long before spot Solana ETFs existed. GSOL is that vehicle grown up: NYSE Arca listed, staking the SOL it holds, priced at 0.19%.

Stated mandate

The Trust is designed to passively track the value of Solana held by it, including Solana earned through staking, after expenses and liabilities.

Why people hold it

  1. 010.19% a year, below the median fee among spot Solana funds.
  2. 02The coins work. The trust is designed to track the value of the Solana it holds, including Solana earned through staking, after expenses, so rewards compound inside the fund.
  3. 03Long lineage for a crypto product: the trust dates to 2021 and was the first Grayscale staking vehicle to uplist to NYSE Arca under the SEC's new generic listing standards.davispolk.com
  4. 04Sits in the upper half of its Solana cohort and stays tight to its stated mandate of passively tracking the Solana it holds.

Worth knowing

  1. 01One token, no cushion. The whole position tracks SOL, and single-asset crypto moves hard in both directions.
  2. 02Staking rewards land in the fund's value, not your cash account. Distributions are annual or semiannual, not a regular income stream.
  3. 03The Solana shelf is priced tightly: BSOL at 0.20% and TSOL at 0.21% sit within a couple of basis points, so the fee edge here is thin.

GSOL Holdings

As of Sep 20, 2026, 10:03 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
Solana100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Solana100.00%1,585,957$181M6

Showing 1–1 of 1 holdings

GSOL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GSOL$5,360
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GSOL $5,360. SPY $11,723. Use the arrow keys to read each point.$2,123$7,299$12,476Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GSOL. Periods over one year show the average yearly return.
PeriodGSOL
Year to date−1.2%
1 month+30.5%
3 months+64.7%
1 year−46.4%
3 years−33.8%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GSOL
YearReturn barGSOL
2026 YTD−1.2%
2025−59.3%
2024−84.0%
2023+533.4%

History from Apr 27, 2023

GSOL in the news

GSOL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Sep 3, 2026 $0.03. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 3, 2026Sep 4, 2026$0.03

GSOL Risk

How much the fund’s monthly returns vary, scaled to a year.
138.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.38
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−99.1%
40 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GSOL Cost

Expense ratio0.19%
  • The middle half of Spot Solana funds
  • Median 0.21%

1 of the 9 Spot Solana funds charge less.

GSOL costs $19.00 a year on $10,000. The median Spot Solana fund costs $21.00.