Breaking News! Grayscale takes action, applying for a SOL spot ETF! Can SOL become the next 'dark horse'?

Following the Bitcoin ETF craze, Grayscale has officially applied to convert its Solana trust fund (GSOL) into a spot ETF, reigniting market expectations for institutional involvement in Solana!

Probability of ETF approval only 23%?

According to predictive platform Polymarket data:

The probability of approval before Q2 2025 is only 23%!

SEC scrutiny continues to tighten, and delays have become the norm.

Grayscale adjusts strategy: removes staking feature

To better align with the SEC's 'taste,' Grayscale has proactively eliminated the staking mechanism, moving towards compliance to clear obstacles for approval. #TRX #PEPE‏ #SUİ #sol #PDA. $SOL $BTC $ETH