VanEck has officially launched its VanEck Solana ETF (VSOL), providing investors with exposure to Solana’s native token (SOL). This new ETF also allows investors to earn staking rewards generated by validating transactions on the Solana network. VanEck announced this development in a recent blog post.
During its initial phase, VanEck is waiving its sponsor fee for the first $1 billion in assets or until February 17, 2026. Following this introductory period, a standard 0.30% fee will be applied. The third-party staking provider will also waive its fees throughout this same period.
VanEck’s Solana ETF, $VSOL, is now live and trading.
Prospectus: https://t.co/qEAAqPSncbpic.twitter.com/SnNaE6YbWv
— VanEck (@vaneck_us) November 17, 2025
Solana's network is recognized for its high transaction throughput and cost-effective architecture, capable of processing tens of millions of transactions daily across various sectors including decentralized finance, NFTs, gaming, and tokenized real-world assets. Validators stake SOL to maintain network security and receive rewards, a benefit that VSOL enables investors to participate in indirectly.
An investment in the VanEck Solana ETF (“VSOL,” or the “Trust”) is subject to significant risk and may not be suitable for all investors. The value of Solana is highly volatile, and you can lose your entire principal investment. VSOL is not an investment company registered under…
— VanEck (@vaneck_us) November 18, 2025
Growing Competition in Solana ETFs
VanEck's introduction of the Solana ETF occurs amidst a growing trend of Solana-focused ETFs entering the U.S. market. Fidelity's FSOL ETF is scheduled for launch on November 19, offering professional investors access to Solana trading and staking opportunities. Additionally, Canary Funds is planning its SOLC ETF in collaboration with Marinade Finance.
This expanding ETF landscape signifies increasing institutional interest in Solana and yield-generating products based on staking. These offerings provide investors with a regulated avenue to gain exposure to cryptocurrencies without the complexities of direct custody.
The VanEck Solana ETF is part of a broader strategy by the company in the digital asset ETF space. This strategy includes its existing Bitcoin ETF (HODL) and Ethereum ETF (ETHV), along with thematic products such as the Digital Transformation ETF (DAPP) and Onchain Economy ETF (NODE). Globally, VanEck manages over $5.2 billion in assets across its cryptocurrency-focused products.
Solana 🤝 Fidelity
– Trade SOL direct from a Fidelity brokerage account
– Trade the Fidelity Solana ETF from any brokerage
– ??? pic.twitter.com/CsmvId9Yot— Solana (@solana) November 18, 2025
The launch aligns with growing investor demand for regulated, exchange-traded crypto products that combine access to prominent networks like Solana with yield-generating mechanisms such as staking.
With the introduction of multiple Solana ETFs to the market, investors now have a wider array of choices for accessing SOL in a compliant, institutional-grade format. This development underscores the maturation of the crypto ETF sector in the United States.