VanEck Files Updated Solana Staking ETF Prospectus

VanEck has submitted an updated prospectus for its Solana Staking ETF, proposing a 0.30% management fee to provide investors with exposure to both SOL price movements and staking yield. This latest update reflects the growing institutional interest in this combination of factors. The proposal includes regulated custody from Gemini Trust and Coinbase Custody, ensuring secure storage of SOL holdings. However, regulatory approval under the GLS remains pending, with an unclear timeline yet to be announced.