Here's something worth knowing about Grayscale's Solana Trust ETF (ticker: GSOL) - it operates outside the Investment Company Act of 1940 framework. What does that mean for you? Unlike traditional 40 Act ETFs and mutual funds, this fund isn't bound by those same regulatory guardrails and investor protections. Bottom line: you're stepping into different territory here, with a distinct risk profile that comes with this structure.
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BearMarketMonk
· 12-05 19:59
I was just wondering what was going on—gsol really is a bit wild... Without the constraints of things like the 40 Act, to put it plainly, the risk is just increased.
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LiquidationWizard
· 12-05 19:53
Not bound by the 1940 Act? Isn't that just skirting the rules? So it's at your own risk.
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SnapshotStriker
· 12-05 19:38
To put it simply, there's no protection, and I'm okay with that.
Wait a minute... so is Grayscale taking advantage of a legal loophole?
Anyway, I wouldn't dare touch anything without 40 Act protection.
This is what "at your own risk" really means, haha.
Risk premium in exchange for liquidity—it all depends on your choice.
So it's not subject to SEC rules; sounds exciting but also scary.
I've known about this for a while—the choice is in my hands.
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ETH_Maxi_Taxi
· 12-05 19:37
Bypassing regulation? I've seen this trick too many times.
Here's something worth knowing about Grayscale's Solana Trust ETF (ticker: GSOL) - it operates outside the Investment Company Act of 1940 framework. What does that mean for you? Unlike traditional 40 Act ETFs and mutual funds, this fund isn't bound by those same regulatory guardrails and investor protections. Bottom line: you're stepping into different territory here, with a distinct risk profile that comes with this structure.