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Crypto & Bitcoin

Grayscale Buys $20 Million of Solana

Reported by Caroline Amosun, U.Today

Image: U.Today

Renowned crypto investment firm Grayscale has continued to see renewed interest in its recently launched Solana investment product as the fund continues to draw in capital. Per recent data showcased by Arkham Intelligence, the firm has bought up to $20.2 million worth of Solana through its Solana ETF, GSOL, over the past 20 days. The data shows that the Grayscale Solana ETF saw consistent demand from investors as it recorded a steady influx of fresh capital on most daily trading sessions over the last month.

This is an excerpt. The reporting belongs to U.Today.

Read the full report on u.today
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