[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![JSpitTrades Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2905560759.png) Justin Spittler [@JSpitTrades](/creator/twitter/JSpitTrades) on x 24.3K followers
Created: 2025-07-23 01:45:58 UTC

Grayscale Solana Trust ETF $GSOL pulling back into support.

This is down XX% on the week, despite $SOL being up XX% since Sunday's weekly open.

The reason? GSOL still trades at a premium to net asset value (NAV).

The current premium is 4.8%, which isn't extreme. It was high double digits not long ago.

The premium will compress as we get closer to SOL ETFs being approved, upon which this vehicle will get converted into an ETF.

It's at an interesting spot here. It's pulling back into May highs, which could provide support. 

Not a bad spot if you're intermediate to long-term bullish on SOL.

![](https://pbs.twimg.com/media/GwgZ1lVXUAAE-Xo.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947835550070677546/c:line.svg)

**Related Topics**
[approved](/topic/approved)
[sol](/topic/sol)
[digits](/topic/digits)
[nav](/topic/nav)
[$sol](/topic/$sol)
[$gsol](/topic/$gsol)
[fund manager](/topic/fund-manager)
[solana](/topic/solana)

[Post Link](https://x.com/JSpitTrades/status/1947835550070677546)