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Launched · SEC filings

Grayscale Solana Staking ETF

GSOLNYSE ArcaGrayscaleA

$6.93−0.24 (−3.35%)

At close: Nov 2, 2026, 4:00 PM ET

A73/ 100

Rank 2 of 9 in Spot Solana

A73/100Rank 2 of 9inSpot Solana
Intraday session: down, 79 prints from 7.17 to 6.93. Range 6.89 to 7.16. Use the arrow keys to read each point.7.007.057.1010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$140M
1Y total return
−47.4%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
3.46M sh
52W range
low $4.61high $12.84
Launched
Filings
SEC EDGAR

The ETF.net GSOL Grade

Based on 5 of 6 pillars

A

Score 73 out of 100

Category
Spot Solana⁠
Rank
2 of 9
Six-pillar profile for GSOL. Scores out of 100: Cost 74, Risk 21, Mission 100, Tradability 82, Holdings not scored, Durability 77. Strongest: Mission (100). Weakest: Risk (21). Based on 5 of 6 pillars.

Score 73 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A74 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F21 out of 100
    Rank 8 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A82 out of 100
    Rank 1 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 1 of 9

Our read on GSOL

ETF.net Research

In short

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

  • 0.19% a year, below the median fee among spot Solana funds.
  • The 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.
  • Long 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
  • Sits in the upper half of its Solana cohort and stays tight to its stated mandate of passively tracking the Solana it holds.

Worth knowing

  • One token, no cushion. The whole position tracks SOL, and single-asset crypto moves hard in both directions.
  • Staking rewards land in the fund's value, not your cash account. Distributions are annual or semiannual, not a regular income stream.
  • The 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 Performance

Launched Nov 18, 2021

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

Not enough history yet.Not enough history yet.
GSOL$5,261
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GSOL $5,261. SPY $11,199. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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−20.6%
1 month−19.0%
3 months+31.1%
1 year−47.4%
3 yearsper year−54.0%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−20.6%
2025−59.3%
2024−84.0%
2023+533.4%

History from Apr 27, 2023

GSOL in the news

GSOL Dividends

Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Sep 3, 2026 $0.03; Oct 5, 2026 $0.03. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 5, 2026Oct 6, 2026$0.03
Sep 3, 2026Sep 4, 2026$0.03

$10,000 in GSOL 3 years ago paid $7.68 in dividends.

GSOL Risk

Risk pillarF21 out of 100Rank 8 of 9 in Spot Solana
How much the fund’s monthly returns vary, scaled to a year.
117.1%
Annualised · 36 months to Oct 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.
0.09
vs 3-month T-bills · to Oct 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%
42 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.

FMP measures it over up to five years of monthly returns.

GSOL Cost

Compare GSOL and MSOL

Overpaying vs MSOL, cheapest in Spot Solana

$1,020

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GSOL 0.19%

    $3,952

  • MSOL 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • GSOL 0.19%
  • MSOL 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530GSOL $3,952MSOL $2,932

Year by year

YearGSOLMSOLOverpaying
10$347$256$91
20$1,351$1,000$351
30$3,952$2,932$1,020

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