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21Shares’ TSOL Debuts as Solana ETFs Top $2 Billion in Inflows

Low fees and staking are drawing billions into Solana ETFs despite a recent price slide.

Overview

  • 21Shares launched TSOL on the CBOE with about $100 million in opening assets and a 0.21% fee.
  • The fund holds spot SOL and will stake its tokens to earn rewards as part of its strategy.
  • New listings from VanEck and Fidelity joined earlier offerings from Bitwise and Grayscale, intensifying competition on fees and staking features.
  • Category-wide inflows have surpassed $2 billion with inflows reported on most trading days, including a reported single-day record near $55 million on Nov. 20.
  • SOL has fallen roughly 14% over the past week, highlighting a divergence between steady ETF demand and the token’s market price.