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Grayscale Solana Trust Adds Anchorage Digital Bank as Custodian in Latest ETF Push

Grayscale Solana Trust Adds Anchorage Digital Bank as Custodian in Latest ETF Push

Hey folks, if you're tuned into the crypto world, especially the buzzing Solana ecosystem where meme tokens thrive, you've probably heard the latest buzz from Grayscale. In a move that's got everyone talking, the Grayscale Solana Trust has just filed an amendment to its Master Custody Service Agreement, bringing on Anchorage Digital Bank as their custodian. This isn't just paperwork—it's a big step toward potentially launching a Solana ETF.

Let's break it down simply. Custodians in crypto are like the secure vaults for your digital assets. They hold and safeguard the cryptocurrencies on behalf of trusts or funds. Anchorage Digital, a federally chartered crypto bank, is a trusted name in this space, known for its robust security and compliance standards. By adding them to the agreement, Grayscale is essentially beefing up its infrastructure to meet regulatory requirements, which is crucial for ETF approvals.

The filing, dated September 25, 2025, amends the existing agreement between Anchorage Digital Bank N.A. (formerly Anchorage Trust Company) and lists new clients including the Grayscale Solana Trust (SOL), Grayscale Ethereum Mini Trust ETF, and Grayscale Bitcoin Mini Trust ETF. This update ensures that these trusts can use Anchorage's services for custody, making everything more streamlined and legit in the eyes of regulators like the SEC.

Screenshot of Grayscale Solana Trust SEC filing amendment

You can check out the full details in the SEC filing here. This development comes at a time when Solana is already on fire with its fast transactions and low fees, making it a hotspot for meme token launches and trading. An approved Solana ETF could inject serious institutional money into the chain, potentially boosting the value and visibility of Solana-based meme tokens like those we've covered here at Meme Insider.

Why does this matter for meme token enthusiasts? Well, more liquidity and mainstream adoption for Solana means bigger opportunities for viral projects built on it. Think about how Bitcoin and Ethereum ETFs have stabilized and grown their ecosystems—Solana could be next in line. Grayscale has been pushing hard for spot crypto ETFs, and this custody amendment signals they're not slowing down.

Of course, nothing's guaranteed in crypto, and regulatory hurdles remain. But moves like this show progress. If you're building or investing in meme tokens on Solana, keep an eye on these ETF developments—they could supercharge the entire network.

Stay tuned to Meme Insider for more updates on how blockchain news like this affects the meme token world. What's your take on a potential Solana ETF? Drop your thoughts in the comments!

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