VanEck Introduces Regulated Exposure to Solana and Staking Rewards
VanEck has launched its VanEck Solana ETF (VSOL), providing investors with exposure to Solana’s native token and staking rewards. The firm is waiving its sponsor fee for the first $1 billion in assets until February 17, 2026.
The VSOL ETF will allow investors to gain regulated exposure to Solana, a high-performance blockchain known for its scalability and low costs. VanEck aims to provide both retail and institutional investors with access to staking rewards earned by securing the Solana network.
During the initial period, VanEck will also waive its staking service provider’s fee. If VSOL’s assets exceed $1 billion before February 17, 2026, a 0.30% sponsor fee will apply to those assets.
VanEck Expands Digital Asset Product Suite with Solana ETF
The Solana ETF marks another step in VanEck’s effort to expand its digital asset offerings. The firm previously launched the VanEck Bitcoin ETF (HODL) and the VanEck Ethereum ETF (ETHV) in 2024.
VanEck’s Solana ETF will track the price of Solana and provide exposure to staking rewards. Solana’s architecture is known for its speed, scalability, and low transaction fees, making it a popular blockchain for decentralized finance (DeFi) and other on-chain activities.
VanEck’s filing with the U.S. Securities and Exchange Commission (SEC) signals the imminent launch of the ETF. The ETF follows the firm’s prior filings for spot crypto products and its history of launching regulated digital asset solutions.
In addition to the Solana ETF, VanEck offers various other digital asset ETFs, including those focused on companies involved in blockchain and the on-chain economy. With over $5.2 billion in assets under management in digital assets, VanEck continues to solidify its position as a leader in the blockchain investment space.