News

ChainCatcher news, on October 29th Eastern Time, Grayscale Solana Trust ETF (ticker GSOL) was converted from a trust to an ETF and officially listed on the New York Stock Exchange, becoming the second Solana spot ETF listed in the United States after Bitwise. According to SoSoValue data, GSOL had a net inflow of $1.4 million on the day, with a trading volume of $4.86 million and a total net asset value of $103 million. Bitwise Solana Staking ETF (ticker BSOL) had a net inflow of $46.54 million on the day, with a cumulative net inflow of $116 million, daily trading volume of $74.65 million, and a total net asset value of $330 million. As of press time, the total net asset value of Solana spot ETFs is $432 million, with a Solana net asset ratio (market value as a percentage of Solana's total market cap) of 0.40%, and a historical cumulative net inflow of $117 million. Currently, Grayscale Solana Trust ETF only supports cash creation and redemption, with the management fee rate reduced from 2.50% during the trust period to 0.35%. It supports additional yield through Solana staking, with 23% of the staking rewards allocated to Grayscale, the custodian, and staking providers, and the remaining 77% included in the ETF assets.

October 29 news, according to 4E observation, US-listed company ZOOZ Strategy Ltd. (ZOOZ) increased its holdings by 94 bitcoins at an average price of $112,000 per coin, bringing its total holdings to 1,036 bitcoins, with a total value of approximately $115 millions, continuing its bitcoin reserve strategy. On-chain data shows that a suspected Bitmine address received 27,316 ETH (about $109 millions) from BitGo, marking the institution's largest single inflow in recent months. The Grayscale Solana Trust ETF (GSOL) was officially listed today on the New York Stock Exchange Arca, becoming the second Solana ETF this week and providing US stock investors with direct exposure and potential staking returns. Meanwhile, bitcoin financial company Sequans was found to have transferred 970 BTC to an exchange address, possibly its first sale. In terms of policy, French lawmaker Éric Ciotti proposed that the country purchase 420,000 BTC over the next seven years, using surplus nuclear power mining and savings plan funds as sources; if approved, France would become the first European country to include bitcoin in its national reserves. 4E reminds investors: institutional accumulation and infrastructure deployment by financial giants are strengthening mainstream adoption logic, but on-chain liquidity remains constrained by macro risks. In the short term, be alert to the amplification effect of policy signals and institutional position changes on market expectations.