News with the tag "GSOL"

Grayscale is making its move in the race to launch a Solana ETF, filing to convert its $134 million Solana Trust (GSOL) ($GSOL) into an exchange-tr...

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC's approval.

Summary The election of President Trump has sparked a resurgence in digital assets, with Bitcoin and Ethereum rallying over 25% and meme coins nearly 100%. Solana is a major beneficiary in the meme coin bull market, thanks to its fast, inexpensive L1 blockchain network. I've been bearish on the Gray...

Key Points: MOODENG, a meme coin inspired by a viral pygmy hippo, surged 140% ahead of its Binance listing. Binance will launch a 75x leverage perpetual contract for MOODENG at 18:00 UTC. MOODENG, the meme coin inspired by a baby pygmy hippo named Moo Deng, has experienced a remarkable price surge a...

Summary GSOL's NAV rate premium has once again trended up near 800%. Given the volume data from the March sell-off, the illiquidity of the fund foretells price declines in 2025 even if Solana's price increases. Shares outstanding have doubled year to date. Lockups for these new private placements wi...

Solana is in red for now, but the coin is one of the top performers. In the last year of trading, SOL, the native currency of the Solana ecosystem, rose by over 15X, quickly moving up the crypto ranking to fifth, flipping XRP, Cardano, and even top meme coins like Dogecoin. GSOL Trading At A

Summary I am extremely bearish on the Grayscale Solana Trust (GSOL) and expect it to trade significantly lower than current levels in twelve months. GSOL has an opportunity cost problem due to its 2.5% management fee and the potential for positive real yields through staking SOL on chain. GSOL's pre...

Summary The Grayscale Digital Large Cap Fund (GDLC) is a closed-end fund that invests in five digital assets, primarily Bitcoin and Ethereum. GDLC currently trades at a 22% discount to its net asset value, creating potential arbitrage opportunities. Traders can go long GDLC while shorting the underl...

Ethereum Layer-1 competitor Solana has been a star performer among altcoins by surging another 17% and reaching $55 in the mega rally. With this Solana has extended its weekly gains to 35% and monthly gains to a staggering 150%. Should Investors Buy SOL Now? Undoubtedly, there’s a lot of FOMO for bu...