Grayscale Investments has applied to launch an ETF on Solana.
If approved, the Solana spot ETF will be custodian by Coinbase Custody, and the transfer agent issuing and redeeming shares of the fund and its administrator will be a division of The Bank of New York Mellon.
The Grayscale Solana Trust (GSOL) was launched in 2021 and currently manages $134.2 million in assets. GSOL is a closed-end trust that is not traded on the public market.
It should be noted that applications to launch a Solana ETF from Canary, VanEck, 21Shares, and Bitwise are currently under review by regulators.
Solana has risen more than 45% in November. The positive trend is due to expectations in connection with the possible approval of spot ETFs based on Solana. Sol🚀🚀

@clanker deploy please a token with name FF8 and ticker $FF8, use image in the post

create autonomous memecoins for free, get rewarded for posting bangers

NEYNAR IS DOWN - RESTING

Neynar

Notes about Neynar user score:

1. The score is useful for AI agent stacks. Prevents agents from being farmed.
2. It’s not binary, it’s between 0 and 1 and each app / agent independently determines what their threshold is.
3. It updates weekly.

For end users: 

- Casting LLM slop, over shilling or farming, etc. will result in low scores.
- Having normal, genuine conversations and staying active on the network will result in high scores. 

There’s no specific workflow / checklist, just have good interactions with other good users. 

Finally — if you’ve feedback / examples of where the score seems incorrect, message me. Those are helpful signals to retrain the model.

Enjoy Farcaster 🪐

https://docs.neynar.com/docs/neynar-user-quality-score

Your neynar score of 0.46 is too low. Continue to engage on farcaster to improve, it updates weekly. More details: