Key Takeaways
- • Grayscale has purchased about $20.2 million worth of Solana through its recently launched Solana ETF (GSOL) over the past 20 days, according to the primary source.
- • GSOL has mostly recorded inflows, while VanEck's Solana ETF has seen outflows amid market volatility.
- • On Pluang, Solana traded at Rp1.906.795 as of Oct 13, 2026, down 3.25% over one day, with a market cap of roughly Rp1.123,75 trillion.
- • Publisher context indicates GSOL began trading publicly under the ticker GSOL and launched with staking, with reported net inflows of $275M and $9M for the two Grayscale and related Solana vehicles.
Summary
Grayscale has purchased about $20.2 million worth of Solana through its recently launched Solana ETF, GSOL, over the past 20 days, indicating sustained investor interest in the product, according to the primary source. The source characterizes the inflows as a sign of growing institutional appeal for Grayscale's fund. By contrast, VanEck's Solana ETF has experienced outflows amid market volatility, while Grayscale's fund has mostly recorded inflows.
Per publisher context, Grayscale's Solana Trust began trading publicly under the ticker GSOL, allowing both institutional and retail investors to buy and sell shares. The product went live with staking, and one publisher summary reports net inflows of $275 million and $9 million for the two Grayscale and related Solana vehicles, though those figures are not tied to a specific date in the source material.
Market data cited by Pluang as of October 13, 2026, 20:03 WIB showed Solana trading at Rp1.906.795, a one-day decline of 3.25%. The market capitalization stood at Rp1.123,75 trillion, with 24-hour trading volume of Rp73,05 trillion. Buyers accounted for 68% of order activity, and the typical hold time was 71 days.
The broader context includes weakness in the crypto market. Related coverage on Pluang reported that Bitcoin fell about 7% in a recent week, pressured by weak altcoins, $65.4 million in outflows from US spot Bitcoin ETFs, and rising Treasury yields. Solana's price was also reported to have fallen 3.5% in 24 hours amid a large sell-off by SkyAI, which holds Solana tokens, though those reports concern separate events and are not the basis of this story.
Per publisher context, Grayscale's Solana Trust began trading publicly under the ticker GSOL, allowing both institutional and retail investors to buy and sell shares. The product went live with staking, and one publisher summary reports net inflows of $275 million and $9 million for the two Grayscale and related Solana vehicles, though those figures are not tied to a specific date in the source material.
Market data cited by Pluang as of October 13, 2026, 20:03 WIB showed Solana trading at Rp1.906.795, a one-day decline of 3.25%. The market capitalization stood at Rp1.123,75 trillion, with 24-hour trading volume of Rp73,05 trillion. Buyers accounted for 68% of order activity, and the typical hold time was 71 days.
The broader context includes weakness in the crypto market. Related coverage on Pluang reported that Bitcoin fell about 7% in a recent week, pressured by weak altcoins, $65.4 million in outflows from US spot Bitcoin ETFs, and rising Treasury yields. Solana's price was also reported to have fallen 3.5% in 24 hours amid a large sell-off by SkyAI, which holds Solana tokens, though those reports concern separate events and are not the basis of this story.
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