PANews reported on October 31 that, according to DL News, Grayscale executive Zach Pandl stated that the Solana spot ETF could achieve the same success as Bitcoin and Ethereum. He argued that it's reasonable to compare Solana to other ETPs Grayscale already has in the market, and that within one to two years, the proportion of SOL tokens held in these ETP structures could reach at least 5%. This means that companies like Grayscale and Bitwise could potentially absorb over $5 billion worth of SOL tokens.

Pandl stated that some investors will be interested in these single-token ETP products, but Grayscale expects many investors to prefer diversified cryptocurrency ETP products, which allow investors to access the asset class while reducing complexity to some extent. It also stated that GSOL will distribute 77% of staking rewards to investors, although this percentage may change over time.