The post VanEck Solana ETF Launches on NASDAQ as SOL Price Slides 20% in a Month appeared on BitcoinEthereumNews.com.

Key Insights: VanEck launched its Solana ETF (VSOL) on Nasdaq on 17 November, offering a new institutional gateway to SOL price. VSOL seeded $10 million, charges a 0.30% fee (waived for three months on the first $1 billion), and plans to stake a portion of holdings. Grayscale’s Solana Trust ETF (GSOL) launched in October, setting early inflow records and establishing a baseline for U.S. Solana ETFs. Solana trades around $137, down over 20% in the past 30 days, with critical support near $135-$140; a break below could push prices toward $120-$125. VanEck launched its new Solana ETF (ticker VSOL) on Nasdaq on Monday, Nov. 17, 2025. The fund was seeded with $10 million, acquiring roughly 51,656 SOL at $193.59 each, and began trading under the SEC’s updated crypto rules. VanEck set a 0.30% sponsor fee for VSOL, but will waive that fee on the first $1 billion of assets through Feb. 17, 2026. After that date, the fee reverts to 0.30% on all assets. The prospectus also notes VSOL will stake a portion of its holdings to capture Solana network rewards, with an initial staking provider waiving its fee. VanEck’s Solana ETF Launch and Structure The new VSOL fund aims to give institutional investors direct exposure to Solana without self-custody. According to VanEck’s filings, the $10 million seed basket was purchased on Oct. 29, 2025. The Solana ETF charges a unified 0.30% expense ratio, but VanEck will waive that sponsor fee for the first $1 billion in assets during the initial three-month period. State Street Bank will administer the fund, with Gemini Trust and Coinbase Custody handling crypto assets. VanEck intends to stake some of the fund’s SOL through third-party validators, and the custodian states that staking rewards will accrue to the fund’s NAV. The staking provider has agreed to…

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Filed under: News - @ November 18, 2025 7:26 am