Grayscale executives: It is expected that the US SOL spot ETF will absorb 5% of the total supply in the next two years, with inflows potentially reaching $5 billion

ChainCatcher news, according to DL News, Grayscale's research director Zach Pandl predicts that the U.S. Solana spot exchange-traded fund (ETF) could replicate the successful performance of Bitcoin and Ethereum products, potentially absorbing at least 5% of the total supply of Solana tokens within the next one to two years.

At current prices, this means that over $5 billion worth of Solana tokens could be absorbed by companies like Grayscale and Bitwise. This week, two Solana ETFs officially began trading. Bitwise's BSOL launched on Tuesday, and Grayscale's GSOL listed on Wednesday. Unlike Bitcoin ETFs, Solana ETFs support staking features, with an annualized yield of approximately 5.7%.