Bitwise and Grayscale have disclosed fees for their proposed exchange-traded funds tracking the price of XRP.
Grayscale's new U.S. spot Solana ETF, GSOL, registered $1.4 million in net inflows on its Oct. 29 trading debut.
Grayscale Investments kicked off trading of a new Solana-focused ETF on Wednesday, adding a staking feature that passes network rewards to investors. Related Reading: Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network The fund, now listed on NYSE Arca as the Grayscale Solana Trust ETF (GSOL), was converted from a closed-end vehicle that first launched in 2021. From Closed-End Trust To ETF According to Grayscale, the move makes the firm one of the largest Solana exchange-traded product managers in the US by assets under management. The converted ETF lets ordinary brokerage accounts hold SOL exposure while receiving staking rewards tied to the network. Inkoo Kang, Grayscale’s Senior Vice President of ETFs, said the launch shows the firm’s belief that digital assets should sit alongside stocks and bonds in modern portfolios. Introducing Grayscale Solana Trust ETF (Ticker: $GSOL), offering investors exposure to @Solana $SOL, one of the fastest-growing digital assets. $GSOL features: ⚡ Convenient Solana exposure paired with staking benefits. ???? Exposure to a high-speed, low-cost blockchain.… pic.twitter.com/TgVNlhqBPO — Grayscale (@Grayscale) October 29, 2025 Competition Increased This Week Based on reports, Grayscale is not alone. Bitwise rolled out its own Solana ETF on the New York Stock Exchange one day earlier. Canary also listed Litecoin and HBAR ETFs on Nasdaq on Tuesday. Those moves came amid strong interest from asset managers to offer regulated crypto funds that give investors straightforward access to tokens without direct custody. ????JUST IN: $GSOL, the first Grayscale Solana Trust ETF with staking, goes live on @NYSE Arca, offering U.S. investors spot @Solana exposure and staking rewards under newly approved SEC listing standards. pic.twitter.com/eTzVP9Kb1X — SolanaFloor (@SolanaFloor) October 29, 2025 Regulatory Timing And Guidance These ETF launches happened while the US government was partially shut down and some SEC staff were furloughed. Kristin Smith, president of the Solana Policy Institute, said staking-enabled funds offer more than simple price exposure; participants can help secure the network, support developer work, and earn rewards. The Securities and Exchange Commission issued guidance permitting firms to file S-1 registration statements without a delaying amendment, which lets certain funds take effect automatically within 20 days of filing. The SEC had also approved updated listing standards for commodity-based trust shares shortly before the staffing disruption, a step that helped speed up approvals for dozens of pending crypto ETF applications. What This Means For Solana Holders Solana has consistently cemented its status among the powerhouse tokens in terms of market valuation, taking the sixth spot, according to CoinMarketCap. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally Based on reports, the new listings did not include full details on fee levels, which validators will be used for staking, or how staking rewards will be split after expenses. Those operational questions matter to investors weighing net returns and counterparty risk. Trading on NYSE Arca does mean easier access through brokerages, but the finer points of how staking is run will shape how attractive GSOL becomes versus other Solana products. Featured image from Gemini, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Based on reports, several asset managers have updated filings for spot XRP exchange-traded funds, naming tickers such as GXRP and XRPZ. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally That regulatory activity is one of the items market watchers say is drawing attention back to XRP. At the same time, Ripple’s move to acquire GTreasury for $1 billion has been highlighted by some analysts as a step closer to the $120 trillion corporate treasury market. Those developments, taken together, are keeping optimism alive among traders and community figures. Analyst Claims Accelerated Timeline According to social posts and comment threads, the analyst known as 24hrscrypto1 told followers “something big is going on” and reiterated a previously stated $100 target for XRP, while suggesting the date might come sooner than the earlier claim of by 2030. At current trading near $2.60, reaching $100 would represent roughly a 4,000% increase from today’s level. Other commentators have offered similar high-end ranges. Something big is going on.. All I can say is, we will see a $100 XRP way before 2030 ???? — ???????????????????????????????????????????? (@24hrscrypto1) October 17, 2025 For example, CryptoCharged COO Matthew Brienen has described a $100–$1,000 band as “highly possible” inside a five to 10 year span, citing use cases in cross-border payments. Wealth mentor Linda Jones has used a personal example to make a point: a $100 investment once bought about 400 XRP at $0.25 each, but that same $100 today would buy fewer than 35 XRP, a detail some see as evidence of growing scarcity. Institutional Accumulation And Supply Concerns Some observers argue that steady buying by banks and funds has been taking place behind the scenes during volatile stretches. If large holders continue to add positions and trading liquidity thins, the market could face a supply-demand imbalance that would push prices higher quickly. That is the basic line supporting ultra-ambitious forecasts. Yet whether institutions will hold XRP long term or use it actively in payments remains a crucial unknown that would determine how the story actually plays out. Market Moves And Community Momentum Social voices continue to matter. A prominent community commentator using the name UnknowDLT has described XRP as one of the major opportunities for this generation and the next, language that keeps retail interest high. XRP will end up being one of the greatest opportunities of not only our life time, but many to come. — {x} (@unknowDLT) October 28, 2025 At the same time, volatility is real: earlier this month XRP dropped to roughly $1.20 during a broader market pullback, showing how fast gains can be wiped out when conditions change. Related Reading: Bitcoin Obsession Costs Saylor — S&P Tags Strategy As ‘Junk’ Reports note that approval of spot XRP ETFs may depend on regulatory timing and procedural steps at the US securities regulator. Community watchers point to the resumption of SEC actions as a likely trigger for formal approvals, but that is not guaranteed. The filings from Grayscale, Bitwise, and Franklin Templeton have been updated, yet market access will only expand once regulators sign off. Featured image from Gemini, chart from TradingView
A new proposal for an ETF tracking the performance of Hyperliquid's native token was filed by 21Shares on Wednesday.
Grayscale Investments is the latest firm to launch an exchange-traded fund tracking the price of Solana and including staking.
Bitwise's BSOL generated $57.9 million in volume on its first trading day — the most of any ETF launch this year.
Bitwise is next up to the plate as it plans to launch its ETF tracking Solana, the sixth-largest cryptocurrency by market capitalization.
Canary Capital will launch an ETF tracking Litecoin and another tracking HBAR — marking the first of their kind to go live in the U.S.
This follows earlier SEC guidance allowing firms to go public by filing an S-1 without a delaying amendment, enabling a launch after 20 days.
The White House tapped Michael Selig to lead the CFTC as lawmakers move to cement the agency's authority over digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
There are 155 cryptocurrency-based ETP filings tracking 35 different digital assets, according to Bloomberg analysts.
Federal agencies are teeing up cryptocurrency regulatory milestones for the end of this year as lawmakers forge ahead with legislation.
XRP flirted with stronger levels this week but slipped back as traders reassessed positions. According to a tweet by community figure Zach Rector, the next rally could arrive without much warning and push the token to a fresh all-time high. Related Reading: You Want $1K XRP? You’ll Need Iron Nerves — Or ‘Mental Illness’, Analyst Says Price was at $2.40 on Wednesday, down from $2.43, marking a 1.14% fall over 24 hours. Daily trading volume rose to $4.9 billion, up 6.39%. Community Response Divided Reactions to Rector’s claim were split. Some holders sounded upbeat and said they would be “caught off guard” in a good way. Others pushed back, arguing that similar optimism has circulated for years with no sustained break above prior highs. Based on reports in the thread, one user said the prediction has been repeated for five years and has not yet come true. Another warned that XRP needs to reclaim $3 before talk of new records makes sense. The XRP pump to new all time highs will catch so many people off guard. — Zach Rector (@ZachRector7) October 20, 2025 Volume Signals And Price Action Market data gives a mixed picture. XRP is up 3.90% over the last seven days, and its market cap sits near $144 billion. Volume jumped even as price eased, a pattern traders often link to profit-taking or position changes ahead of bigger moves. Some market watchers see the higher volume as preparatory trading; others view it as a sign of selling pressure. Either way, the numbers show more activity than price movement alone would suggest. Regulatory And Macro Headwinds Reports have disclosed that broader events have affected XRP recently. The token dropped to an 11-month low after an announcement tied to tariffs from US President Donald Trump, and it has not fully recovered since. Several commenters on the thread tied XRP’s future to global trade ties and legislative progress in the US—factors outside trading charts that can still weigh on token demand. Bitcoin’s pull is also mentioned often; when Bitcoin weakens, many altcoins find it harder to launch on their own. Related Reading: All It Took Was A Tweet: FLOKI Jumps 27% After Musk Mentions It Skepticism Over Technical Hurdles Some analysts and users pointed out technical and liquidity barriers. Reclaiming $3 is seen as a short-term test; moving past that would still leave a long road toward new highs. There are pockets of optimism based on Ripple’s expanding partnerships in banking and payments, which supporters argue could support higher prices when market sentiment improves. In short, observers are split between hopeful holders and cautious skeptics. According to community chatter and the live figures, momentum is present but uneven. XRP’s path higher will likely require both favorable market moves and clearer macro or regulatory signals. Featured image from Gemini, chart from TradingView
For nearly five years, XRP was the crypto token that couldn’t shake its courtroom shadow. This resulted in its price stagnating, exchanges delisting it, and institutional desks quietly stepping away as the US Securities and Exchange Commission (SEC) pursued Ripple Labs over allegations of unregistered securities sales. During that time, other assets sprinted ahead. Bitcoin […]
The post The XRP era: $1B Nasdaq listing and 1,000% liquidity surge mark a sensational comeback appeared first on CryptoSlate.
In a first, investment management firm VanEck filed for an ETF that would give investors exposure to staked ether.
The proposed rule change relies on Nasdaq's vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.
Ondo Finance is pushing back against Nasdaq's proposal to support tokenized stocks and exchange-traded funds.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
SEC Chair Paul Atkins is looking for cryptocurrency innovation to thrive as the agency forges its path in prioritizing the industry.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto sector be thrown back into the throes of a hostile regulatory environment, Ripple CEO Brad Garlinghouse said Wednesday.
A new bill would cement Trump's executive order directing the Labor Department to pave the way for crypto in 401(k) plans.
Senators may be dragging their feet when it comes to passing crypto legislation, said TD Cowen in a note on Monday.
Canary Capital is inching closer to getting the SEC's sign-off as it moves to update two of its registration statements for XRP and SOL ETFs.
A new proposal from Senate Democrats aimed at preventing illicit activity through DeFi is getting heat from the crypto industry.
Two of the largest digital asset managers, Bitwise and 21Shares, have made a notable update to their Ethereum and Solana ETF filings that could signal a shift in how crypto exchange-traded products operate in the United States. According to amended S-1 statements filed with the U.S. Securities and Exchange Commission (SEC), both issuers now reference […]
The post SEC filing reveals ETH and SOL ETFs may include staking rewards appeared first on CryptoSlate.
Crypto index fund manager Bitwise designated a 0.20% fee for its Solana staking exchange-traded in an amended filing on Wednesday.