VanEck Files Solana Staking ETF with 0.30% Fee: Potential for Price Increase

VanEck has submitted an updated prospectus for its Solana Staking ETF, featuring a 0.30% management fee. This ETF will offer direct exposure to SOL tokens and staking yields, leveraging Gemini and Coinbase Custody for regulated custodianship. The fund’s low fee positions it as a competitive option in the rapidly growing digital asset market. Historical data suggests similar ETFs could boost trading volume and participation in Solana.