Grayscale has submitted an S-1 application to the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into an Exchange Traded Fund (ETF), which is now renamed to Grayscale Solana Trust ETF.
The filing also indicates that the fund will not support the deposit of SOL.
In short, a cryptocurrency wallet is a tool that you can use to interact with the blockchain network. There are many types of digital currency wallets that can be divided into three groups: software, hardware, and paper wallets. Depending on how these wallets work, they may also be referred to as hot or cold wallets.
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