Low uptake of Grayscale’s Solana fund is an early indicator, she said.
Solana exchange-traded funds (ETFs) will not see significant demand among United States investors, according to Katalin Tischhauser, head of investment research at crypto bank Sygnum.
Tischhauser told Cointelegraph that “minuscule” investor flows into the Grayscale Solana Trust (GSOL) — asset manager Grayscale’s private SOL (SOL) fund — indicate weak demand for SOL investment vehicles among US wealth managers.
GSOL’s assets under management (AUM) are less than $70 million, according to Grayscale. By comparison, the Grayscale Bitcoin Trust managed almost $30 billion prior to its conversion to an ETF in January, according to Tischhauser.
