Grayscale Investment Company announced on October 29, 2025 that its Solana Trust ETF (code: GSOL) has officially listed and traded on the New York Stock Exchange Arca, becoming the first pledge product to be upgraded according to the new universal listing standards approved by the U.S. Securities and Exchange Commission. The ETF will distribute 77% of the pledge return to investors, making it one of the first spot Solana exchange-traded products in the United States to support pledging.