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Grayscale Executive: U.S. Solana Spot ETF Expected to Capture 5% of Total Supply in the Next Two Years, Inflows Could Reach $5 Billion

2025.10.31 10:48:43

October 31st: As per DL News, Zach Pandl, who is the Head of Research at Grayscale, forecasted that a US Solana spot exchange-traded fund (ETF) could replicate the achievements of Bitcoin and Ethereum products and absorb at least 5% of Solana's total token supply within the next one to two years. Given the current price, this would imply that more than $5 billion worth of Solana tokens could be absorbed by companies like Grayscale and Bitwise. This week, two Solana ETFs officially began trading. Bitwise's BSOL was launched on Tuesday, and Grayscale's GSOL was listed on Wednesday. In contrast to Bitcoin ETFs, Solana ETFs support staking with an annualized yield of approximately 5.7%.
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Tether Announces Strategic Investment in LayerZero Labs

February 10 — Tether Investments announced a strategic investment in LayerZero Labs today, per official sources. LayerZero Labs develops a cross-chain interoperability protocol, and the move underscores Tether’s support for production-ready, validated interoperable infrastructure powering the global digital asset ecosystem. When paired with Tether’s Wallet Development Kit (WDK), this infrastructure delivers cutting-edge underlying channels for real-world use cases—including digital asset payments, settlement, and custody. It has also been heavily optimized for Agentic Finance, enabling AI agents to manage autonomous wallets and trade stablecoins and digital assets frictionlessly at scale.

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The ai.com domain seller acquired the domain at the age of 10 for only $100

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US December Retail Sales M/M 0%, Expected 0.4%

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