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GSOL vs QSOL

Grayscale Solana Staking ETF

GSOLANYSE Arca

Invesco Galaxy Solana ETF

QSOLBCboe

Overlap

Expense ratio

GSOL −0.06pt a year

GSOL0.19%QSOL0.25%

Avg volume · 30D

GSOL 287.2×the volume

GSOL3.46MQSOL12.1K

GSOL vs QSOL Performance

Dec 31, 2025 – Oct 30, 2026

−20.6%GSOL−22.2%QSOL

Dec 31, 2025 to Oct 30, 2026. GSOL −20.6%. QSOL −22.2%. Use the arrow keys to read each point.−40%0%20%Dec 2025Jun 2026Oct 2026
Expense ratio
GSOL 0.19%, better
QSOL 0.25%
Fund size
GSOL $140M
QSOL $6M
1Y total return
GSOL −47.4%
QSOL No data
Holdings
GSOL 1
QSOL 1
Avg volume (30D)
GSOL 3.46M sh, better
QSOL 12.1K sh
NAV per share
GSOL $7.17
QSOL $9.49
52W range

ETF.net Grade

GSOL: Cost 74, Risk 21, Mission 100, Tradability 82, Holdings not scored, Durability 77. QSOL: Cost 43, Risk 55, Mission 100, Tradability 48, Holdings not scored, Durability 35.
Pillar letters and Scores for GSOL, QSOL, with each pillar’s weight
PillarGSOLQSOL
Cost30% weightA74HigherC43
Mission25% weightA100A100
Risk15% weightF21B55Higher
Tradability15% weightA82HigherC48
Holdings10% weightNot scoredNot scored
Durability5% weightA77HigherD35

Rank among Spot Solana funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GSOL and QSOL are both graded against the same 9 Spot Solana funds, so their Grades compare head to head.

Spot Solana⁠

Category · 9 funds
See all 9 ›

GSOL ranks 2nd and QSOL 6th of 9 funds in the Spot Solana Category.

  1. Rank 1AMSOLMorgan Stanley Solana TrustScore 82
  2. Rank 2AGSOLGrayscale Solana Staking ETFScore 73
  3. Rank 3ABSOLBitwise Solana Staking ETFScore 71
  4. Rank 5BVSOLVanEck Solana ETFScore 62
  5. Rank 6BQSOLInvesco Galaxy Solana ETFScore 61
  6. Rank 6BTSOL21Shares Solana ETFScore 61

Our read on each fund

ETF.net Research

GSOLAGrayscale Solana Staking ETF

QSOLBInvesco Galaxy Solana ETF

In short

GSOL Grayscale 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%.

QSOL No data

Stated mandate

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

QSOL No data

Why people hold it

  • GSOL 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.

QSOL No data

Worth knowing

  • GSOL 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.

QSOL No data

Full GSOL profile⁠

Full QSOL profile⁠

GSOL vs QSOL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GSOL vs QSOL Cost

Overpaying QSOL vs GSOL

$1,207

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

  • GSOL 0.19%

    $3,952

  • QSOL 0.25%

    $5,159

$10,000
30 years

Cost over time

  • GSOL 0.19%
  • QSOL 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530QSOL $5,159GSOL $3,952

Year by year

YearGSOLQSOLOverpaying
10$347$455$108
20$1,351$1,769$418
30$3,952$5,159$1,207

Expense ratio

  • 0.19%GSOL, cheaper
  • 0.25%QSOL
  • Middle half of Spot Solana funds
  • Median 0.21%

GSOL 2nd cheapest of 9 funds

QSOL 6th cheapest of 9 funds

GSOL vs QSOL Dividends

Last 12 months to Oct 30, 2026
Last payment
GSOL $0.03
QSOL $0.09
Ex-dividend
GSOL Oct 5, 2026
QSOL Sep 21, 2026
Paid on
GSOL Oct 6, 2026
QSOL Sep 25, 2026
Frequency
GSOL Monthly
QSOL Quarterly

Distribution history

Per share, 2026, same scale for both

GSOLMonthly · 2 paymentsAll GSOL payments⁠
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.$0$0.102026YTD
QSOLQuarterly · 3 paymentsAll QSOL payments⁠
One bar per payment. 3 payments in 2026 YTD. Mar 23, 2026 $0.01; Jun 22, 2026 $0.05; Sep 21, 2026 $0.09. Use the arrow keys to read each point.$0$0.102026YTD

GSOL vs QSOL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GSOL 117.1%QSOL No data
Return per unit of riskSharpe ratio, 3 years
GSOL 0.09QSOL No data
Worst fallMax drawdown, 5 years
GSOL −99.1%since Apr 2023QSOL No data
Market sensitivityBeta, 5 years
GSOL 2.24QSOL 0.91

GSOL and QSOL in the news

All news⁠

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