Overview
- VanEck’s VSOL began trading Monday with $10 million in seed capital, a 0.30% sponsor fee waived until Feb. 17, 2026 or $1 billion in assets, and staking via SOL Strategies whose fee is also temporarily waived.
- Custody for VSOL is provided by Gemini and Coinbase, with State Street handling administration, and staking rewards are reflected in the fund’s net asset value.
- Fidelity’s FSOL and Canary Marinade’s SOLC are slated to begin trading Tuesday, which would bring the U.S. lineup to five spot Solana ETFs, according to filings and Bloomberg analysts.
- Solana-focused ETFs have logged 14 straight days of net inflows totaling about $382 million since late October, with Bitwise’s BSOL leading the category at nearly $450 million in assets.
- SOL prices have retreated roughly 20%–25% over the past month to the mid‑$130s, highlighting the divergence between persistent ETF inflows and underlying token weakness as issuers leverage staking yields and promotional fee waivers.