VanEck Submits Updated Solana Staking ETF Application to SEC

Van Eck has updated its application for a Solana staking exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Bloomberg analyst James Seyffart reports on this development, noting that VanEck’s new filing proposes an expense ratio of 0.30%. This ETF would allow investors to participate in the Solana blockchain’s staking mechanism.