VanEck Launches Solana ETF with 6.65% Staking Yield & Zero-Fee Launch

VanEck launched its Solana ETF (VSOL) on November 17, 2025, offering investors access to SOL and staking rewards through a zero-fee launch window. This innovative approach aims to democratize Solana exposure for both retail and institutional investors by providing direct market price exposure along with staking yield benefits. The trust employs a unique strategy where it delegates approximately 99.7% of its SOL holdings to validators to earn staking rewards, reflecting the ETF’s actual NAV rather than paying out cash dividends.