VanEck Solana ETF
VSOL
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Nov 17, 2025
- CIK
- 0002028541
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Solana ETF (VSOL) is an exchange-traded fund that seeks to reflect the performance of the price of Solana (SOL), the native token of the Solana blockchain network, plus rewards from staking a portion of its SOL holdings, less the Trust's operating expenses. The ETF holds SOL tokens directly and engages third-party staking providers to secure the network and generate yield through Solana's Proof of Stake consensus mechanism combined with Proof of History for high-speed, low-cost transactions supporting decentralized finance, gaming, NFTs, and tokenized assets. As of December 2025, its sole holding is SOL comprising 100% of net assets, with a reported gross staking yield of 5.83%. The fund, sponsored by VanEck Digital Assets, LLC, a wholly-owned subsidiary of Van Eck Associates Corporation, trades on U.S. exchanges and targets investors seeking regulated exposure to Solana's ecosystem without direct custody or staking complexities. It operates primarily in the United States, with shares available to retail and institutional investors via brokerage platforms. Launched with trading commencing on November 17, 2025, following SEC approval and final Form 8-A filing, VSOL marked VanEck's expansion into spot Solana products amid a wave of crypto ETF approvals. Key recent developments include a strategic partnership with SOL Strategies as the staking service provider, leveraging its Orangefin validator for compliant yield generation, and a promotional zero sponsor fee structure (waived entirely for the first $1 billion in assets or until February 17, 2026), after which a 0.30% fee applies. This fee waiver, matched by the staking provider, supports early inflows as VanEck builds on its $5.2 billion digital assets platform including Bitcoin and Ethereum ETFs. VanEck, founded in 1955 and headquartered at 666 Third Avenue in New York, NY, pioneered access to international markets, gold, emerging markets, and ETFs, managing products globally across mutual funds, ETFs, and institutional accounts.