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Grayscale executives: It is expected that the US SOL Spot ETF will absorb 5% of the total supply in the next two years, with capital inflow reaching up to 5 billion dollars.
According to ChainCatcher news and DL News report, Zach Pandl, the head of research at Grayscale, predicts that the U.S. Solana spot trading exchange-traded fund (ETF) could replicate the successful performance of Bitcoin and Ethereum products, potentially accounting for at least 5% of the total supply of Solana tokens within the next one to two years. Based on current prices, this means that over 5 billion dollars worth of Solana tokens could be absorbed by companies like Grayscale and Bitwise. This week, two Solana ETFs officially began trading. Bitwise's BSOL was launched on Tuesday, and Grayscale's GSOL was listed on Wednesday. Unlike Bitcoin ETFs, Solana ETFs support staking features with an annual percentage rate of about 5.7%.
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