Grayscale Solana Staking ETF adopts amended trust agreement for staking distributions
On August 6, 2026, the sponsor and trustee of the Grayscale Solana Staking ETF signed a Third Amended and Restated Declaration of Trust and Trust Agreement. The new agreement requires the trust to convert staking rewards to cash at least quarterly and distribute the net proceeds to shareholders, which the trust currently intends to do monthly. Distribution amounts will depend on the staking rewards actually received and cannot be predicted with certainty.
Key points
- Agreement dated August 6, 2026, between Grayscale Investments Sponsors, LLC and CSC Delaware Trust Company, replacing the Second Amended and Restated agreement dated September 19, 2025
- Trust intends to distribute net cash proceeds of staking rewards monthly, and no less than quarterly, after the Staking Fee and other trust expenses
- Distribution amounts depend on staking consideration received in each period and cannot be predicted with certainty
- Trust intends to file a Rule 424(b)(3) prospectus supplement; shareholders are advised to consult tax advisors
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.