- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

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

By: theblockbeats.news|2025/10/31 03:15:54

BlockBeats News, October 31st: According to DL News, Zach Pandl, Head of Research at Grayscale, predicted that a US Solana spot exchange-traded fund (ETF) could replicate the success of Bitcoin and Ethereum products, absorbing at least 5% of Solana's total token supply in the next one to two years. Based on the current price, this would mean that over $5 billion worth of Solana tokens could be absorbed by companies like Grayscale and Bitwise. This week, two Solana ETFs officially started trading. Bitwise's BSOL was launched on Tuesday, and Grayscale's GSOL was listed on Wednesday. Unlike Bitcoin ETFs, Solana ETFs support staking with an annualized yield of around 5.7%.

US Crypto Stocks Experience Sharp Decline, with COIN Falling by 5.77% and MSTR by 7.55%

SAFEX has officially rebranded to YUBIT, ushering in a new era of globalization and innovation.