Overview
- VanEck’s Solana ETF, VSOL, launched on Nov. 17 with a 0% sponsor fee until it reaches $1 billion in assets or Feb. 17, 2026, and stakes through SOL Strategies’ Orangefin validator.
- Fidelity’s FSOL began trading on Nov. 18 on NYSE Arca with a 0.25% fee but will waive management and staking fees until May 18, 2026, according to the firm.
- Canary Marinade’s SOLC also launched on Nov. 18, listing on Nasdaq with a 0.50% fee and staking via Marinade Finance, with no fee waiver announced.
- Five U.S. Solana ETFs are now live (Bitwise BSOL, Grayscale GSOL, VanEck VSOL, Fidelity FSOL, Canary SOLC), with aggregate inflows reported around $380–$400 million and Bitwise near $450 million in assets.
- Solana has pulled back roughly 20% in recent days, trading in the low $130s to mid $140s, even as SEC rule changes from September accelerated listings and fueled rapid product launches.