According to ChainCatcher news and DL News reports, Zach Pandl, head of research at Grayscale, predicts that the US Solana spot trading exchange-traded fund (ETF) may replicate the successful performance of Bitcoin and Ethereum products, absorbing at least 5% of the total supply of Solana tokens within the next one to two years. At current prices, this means that over $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. Unlike Bitcoin ETFs, Solana ETFs support staking features, with an annual percentage rate of about 5.7%.
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