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![JSpitTrades Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2905560759.png) Justin Spittler [@JSpitTrades](/creator/twitter/JSpitTrades) on x 24.1K followers
Created: 2025-04-22 03:02:36 UTC

Solana Trust $GSOL has retraced its entire bull market...

Down XX% from its highs.

I wouldn't call say this is a "buy" by any stretch of the imagination

However, it's only trading at a XX% premium to net asset value (NAV). 

Last time I looked at this, it was trading at +100% premium,

I expect the premium to keep falling from here as we get closer to Solana ETF launch, meaning this could soon become a tradable asset. 

Something to watch...

![](https://pbs.twimg.com/media/GpG4cZPWkAAoS40.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1914515148917588234/c:line.svg)

**Related Topics**
[fund manager](/topic/fund-manager)
[$gsol](/topic/$gsol)
[solana](/topic/solana)
[coins layer 1](/topic/coins-layer-1)
[coins defi](/topic/coins-defi)
[coins made in usa](/topic/coins-made-in-usa)
[coins solana ecosystem](/topic/coins-solana-ecosystem)

[Post Link](https://x.com/JSpitTrades/status/1914515148917588234)