Overview
- VSOL began trading on Nov. 17 on Cboe BZX with a 0.30% sponsor fee waived until Feb. 17, 2026 or until assets reach $1 billion.
- VanEck will deliver staking rewards to the fund’s NAV via third-party validator SOL Strategies, which is also waiving its staking fee during the promo period.
- The fund was seeded with $10 million on Oct. 29, uses MarketVector pricing, and lists Gemini as primary custodian with Coinbase Custody and State Street handling additional custody and administration.
- VSOL joins a crowded field led by Bitwise’s first-to-market BSOL and Grayscale’s GSOL, which have drawn strong early inflows, with reports citing more than $380 million across Solana ETFs by mid-November.
- The launch comes as SOL trades roughly $132–$137 and is down over 20% in the past month, creating a tougher backdrop for near-term inflows and performance.