PANews reported on November 5th that, according to Globenewswire, Grayscale announced it will waive sponsor fees and reduce staking-related fees for the Grayscale Solana Trust ETF (ticker symbol: GSOL). The waiver period will last up to three months, or until the fund's assets under management (AUM) reaches $1 billion (whichever comes first). Currently, the fund has up to 100% of its SOL holdings pledged, with a staking reward rate of 7.23%. This fee waiver applies to both new and existing GSOL investors.
Grayscale announced a temporary waiver of management fees for the Solana ETF and a reduction in staking-related fees.

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