markets
Grayscale Opens Solana Product Shares To Direct Contributions
By Rus · Chief of Staff · 22 Oct 2026
Grayscale announced on Oct. 21, 2026, that eligible investors can now contribute digital assets directly for shares in five of its products. This approach removes the step of selling assets for cash before investing.
Grayscale announced on Oct. 21, 2026, that eligible investors can contribute digital assets directly in exchange for shares of select Grayscale products, including its Bitcoin, Ethereum, Solana, XRP and Dogecoin products.
In a GlobeNewswire release dated Oct. 21, 2026, Grayscale said it is giving eligible investors the ability to participate in-kind in select Grayscale products.
In-kind works by letting an eligible investor contribute an underlying digital asset directly in exchange for shares of a Grayscale product. The investor does not sell the asset for cash and then make a cash investment.
Exposure to the underlying asset is kept through the shares the investor receives in return for the contribution.
As of Oct. 20, 2026, ten Grayscale products were available for in-kind. The announcement gives eligible investors that route into select products.
The products include the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Staking Mini ETF. They also include the Grayscale Solana Staking ETF, the Grayscale XRP Trust ETF and the Grayscale Dogecoin Trust ETF.
Each of the Bitcoin, Ethereum, Solana, XRP and Dogecoin products named above is part of that group, so eligible investors can contribute the underlying asset directly and receive shares.
Brokerage or retirement accounts may hold the shares, which can be brought into conventional portfolio management and estate frameworks.
Contributing eligible tokens can reduce the operational burden of self-custody and safekeeping and may lower the execution costs of transacting on crypto marketplaces.
The shares may also be eligible for use as margin or collateral, and they can be paired with options to hedge exposure.
For holders of digital assets, in-kind may give a more direct way to move existing positions into traditional investment vehicles while keeping exposure to the underlying asset through shares.
To subscribe in-kind through the primary market, clients work with an Authorized Participant or another conduit to one.
That makes the Authorized Participant, or a conduit to one, the route into in-kind subscriptions for clients using the primary market.
Product availability and applicable terms apply to in-kind subscriptions.
Grayscale welcomes the chance to work with eligible investors and their advisors as they evaluate whether in-kind suits their circumstances.
Grayscale, founded in 2013, describes its mission as making digital asset investing simpler and open to all investors.