The post VanEck Launches Second US Solana Staking ETF With Zero Fees appeared on BitcoinEthereumNews.com.

Key Notes VanEck waives all fees until February 2026, combining 0.30% sponsor and 0.28% staking provider costs for zero-cost exposure. Bitwise maintains market dominance with 98% of Solana ETF inflows and cheaper 0.20% permanent management fee structure. SOL Strategies operates validator infrastructure with ISO 27001 certification managing over $437 million in staked digital assets. VanEck launched the VanEck Solana ETF on Nov. 17, 2025, which became the second spot Solana staking exchange-traded product to trade in the US. The fund trades on Cboe BZX Exchange under the ticker VSOL with a 0.30% sponsor fee waived until Feb. 17, 2026, or until assets reach $1 billion, according to VanEck’s announcement. SOL Strategies also agreed to waive its 0.28% staking provider fee during the same period. Solana SOL $130.5 24h volatility: 4.9% Market cap: $72.27 B Vol. 24h: $7.00 B gained 3.2% following the launch announcement. VanEck’s Solana ETF, $VSOL, is now live and trading. Prospectus: https://t.co/qEAAqPSncb pic.twitter.com/SnNaE6YbWv — VanEck (@vaneck_us) November 17, 2025 Gemini Trust Company serves as the primary custodian and Coinbase Custody Trust Company provides additional custody services, according to the SEC prospectus filed Nov. 16, 2025. State Street Bank and Trust Company handles cash custody and fund administration. Van Eck Associates Corporation provided $10 million in seed funding on Oct. 29, 2025. SOL Strategies operates the staking infrastructure using its Orangefin validator, which maintains ISO 27001 and SOC 2 certifications, according to the company’s announcement. The firm manages over $437 million in staked assets across its validator network. Competitive Positioning VanEck filed the first Solana ETF application with the SEC on June 27, 2024, but Bitwise launched its BSOL product first on Oct. 28, 2025. The filing chronology establishes the investment manager as first to submit regulatory paperwork while Bitwise secured first-to-market status by three weeks. The competing…

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Filed under: News - @ November 17, 2025 7:29 pm