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The digital asset manager aims to turn its current Grayscale Solana Trust into the ETF, similar to how it previously converted its Bitcoin and Ethereum trusts into spot ETFs. 

In July, the US Securities and Exchange Commission (SEC) allowed spot Ethereum ETFs to trade but restricted these funds from using staked $ETH to generate additional rewards. 

While the websites are now blocked, their mobile apps remain available for download and use. This raises questions about how effectively the restrictions can be enforced.