Grayscale Solana Staking ETF (GSOL) Smart Money Holdings (13F, Q2 2026)

Grayscale Solana Staking ETF (GSOL) signed a new trust agreement on August 6, 2026, that formalizes how staking rewards are paid out to shareholders. Instead of letting staking proceeds accumulate in the trust, it now has to convert them into cash at least quarterly and distribute the proceeds, net of expenses, to shareholders — with the current intention to do this monthly. Actual payout amounts depend on the staking rewards received each period and can’t be predicted in advance.

Grayscale Solana Staking ETF plans to amend its trust agreement to start making regular cash distributions from staking rewards to shareholders. Starting around August 7, 2026, the fund will convert staking rewards to cash at least quarterly and distribute the proceeds, minus expenses. The change is meant to align with IRS guidelines for grantor trust status.

Grayscale Solana Staking ETF's sponsor announced that CFO Edward McGee is stepping down for personal reasons, effective July 2, 2026. Kathryn Masci and Daniel Plourde, both senior finance executives at the company, have been appointed as interim co-Chief Financial Officers. Masci will also serve as Principal Financial and Accounting Officer and join the Board of Managers.

AI summary pending