Grayscale files S-1 for spot Solana ETF with SEC, staking excluded

Grayscale has filed Form S-1 with the SEC to launch a spot Solana ETF.It comes after NYSE Arca submitted a 19b-4 application to the SEC, proposing to convert the Grayscale Solana Trust into an exchange-traded product. The SEC formally acknowledged the filing on February 6.S-1 is the formal registrat…