Corporate ActionJun 25, 2026, 07:41 AM
Grayscale Solana Staking ETF Cuts Sponsor's Fee to 0.19%
AI Summary
Grayscale Solana Staking ETF announced a significant reduction in its fees. The annual Sponsor's Fee has been lowered from 0.35% to 0.19% of the Trust's aggregate assets. Additionally, the Sponsor's Staking Fee has been cut from 23% to 7% of the gross Staking Consideration. These changes are effective as of June 25, 2026, and were formalized through Amendment No. 3 to the Trust Agreement.
Key Highlights
- Annual Sponsor's Fee reduced from 0.35% to 0.19% of aggregate Trust assets.
- Sponsor's Staking Fee reduced from 23% to 7% of gross Staking Consideration.
- Fee reductions are effective as of June 25, 2026.
- Amendment No. 3 to the Trust Agreement was entered into on June 25, 2026.
Price Impact
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