Grayscale has officially announced that options trading on the Grayscale Solana Trust ETF (ticker: GSOL) is now available. The move provides investors with new derivatives tools to gain or hedge exposure to Solana’s price performance while maintaining the yield benefits of staking.
According to Grayscale, GSOL currently operates with a 0% gross expense ratio, valid until either the fund surpasses $1 billion in assets or the initial three-month fee waiver period concludes on February 5, 2026. After that, the management fee will adjust to 0.35%.
All assets within the fund are currently 100% staked, generating an average gross annualized staking reward of 7.04% based on validator returns since October 10, 2025.
Options on $GSOL are now live.
More ways to trade, build, and craft your @solana exposure via Grayscale Solana Trust ETF (ticker: $GSOL) with 100% Staking, 0% Fee¹, and averaging over 7% Staking Rewards Rate².
Gain exposure to one of the world’s biggest crypto ecosystems from… pic.twitter.com/Kri4ee6w6h
— Grayscale (@Grayscale) November 11, 2025
GSOL’s Role in a Rapidly Expanding Solana Ecosystem
Grayscale described GSOL as a product designed to offer “exposure to one of the fastest-growing digital assets,” underscoring Solana’s expanding developer ecosystem and increasing institutional inflows through ETF structures.
While GSOL is not directly registered under the U.S. Investment Company Act of 1940, Grayscale emphasizes that it provides institutional-grade infrastructure for staking-based yield strategies tied to Solana’s proof-of-stake protocol. Validators in the fund earn rewards through transaction validation, which are then distributed proportionally to fund participants.
The launch of options on GSOL coincides with strong market momentum for Solana ETFs overall, which have now recorded 10 consecutive days of net inflows, surpassing $340 million in cumulative capital according to Farside Investors.
Expanding Institutional Reach
Grayscale’s decision to integrate options trading follows a broader trend among asset managers enabling multi-layered exposure to blockchain assets through both spot and derivatives markets. The firm stated that GSOL aims to bridge traditional finance and on-chain yield generation, offering investors a regulated entry point into Solana’s staking economy.
With demand for Solana products accelerating, GSOL’s combination of staking income, zero management fees, and derivatives availability positions it as one of the most comprehensive institutional vehicles yet introduced for the Solana ecosystem.