Today news
About the same in other media
Grayscale launches solana trust as the ethereum competitor rides an over 10,000% gain in 2021
Reading now: 595
markets.businessinsider.comJakub Porzycki/NurPhoto via Getty Images
Grayscale Investments is launching a product that will solely and passively invest in solana to ride on the eye-popping gains the cryptocurrency has seen since the beginning of the year.
The Grayscale Solana Trust, the 16th investment vehicle from the world's largest digital currency asset manager, is available to individual and institutional investors.
It will be similar to Grayscale's other single-asset investment trusts, including ones that provide exposure to bitcoin, bitcoin cash, ethereum, and litecoin, among others. The Solana Trust has an investment minimum of $25,000 and an annual fee of 2.5%.
Solana, a layer-one protocol, is widely viewed as a competitor to fellow smart-contract platform
Read more on markets.businessinsider.comAbout this in other media
Shar Pei Set to Reach the Moon with Over 5,000 Holders in 3 Weeks of Launch cryptonews.com /3 years ago
Bitcoin back over $50,000, as market calms after weekend turmoil moneycontrol.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
