New Solana Staking ETF: How VanEck Plans to Combine SOL Price & Reward

VanEck, one of the largest asset management companies, has made a significant move in the field of cryptocurrency investment by filing an updated application with the U.S. Securities and Exchange Commission (SEC) to approve the Solana Staking ETF.

The new filing is against the backdrop of increasing institutional demand in stake-enabled crypto products, with successful launches of Ethereum staking ETFs and competing applications by other companies like Bitwise and 21Shares.

The action reflects the approach of VanEck to integrate the growth potential of Solana (SOL) and rewards, which gives investors a more appealing total rate with the same level of security and regulatory compliance.

VanEck Solana Staking ETF Filing (New Update)

The new filing has several key features:

• VanEck will also be able to stake up to 50% of the ETF's assets with a special SOL strategy.

• The value of the ETF will be increased with staking rewards, which are after a minor fee of 0.28%. T hus, providing investors to make returns on the cost of SOL and the stakes themselves.

• The ETF management fee will be paid monthly at 0.30% and in SOL tokens.

• Gemini and Coinbase are also listed as the primary and secondary custodians in the filing, which means that the holdings are well secured.

VanEck has chosen a generic listing strategy, that is, the ETF lacks a definite SEC approval date. This may even postpone the launch, particularly during an ongoing U.S. government shutdown . However, the filing is an indication that there is growing interest in regulated, institutional-grade Solana investment products.

Source: James Seyffart X

VanEck Solana ETN (Existing Product)

It already has a SOL ETN, VSOL, that is completely backed by SOL. The most current data on the ETN as of October 14, 2025, is the net assets of about $121.81 million and the net asset value (NAV) of $10.75 per note.

The ETN is also involved in staking; 82% of its Solana holdings are staked at the moment. The gross staking yield is 5.63%, and the net yield after fees is 4.22%. The ETN will track the MarketVector SOL VWAP Close Index (MVSOLV), which gives investors exposure to the SOL price movements.

Source: VanECK Official

Regardless of the growth potential, the ETN is exposed to risks inherent in cryptocurrency investments, such as high volatility, network risk, and regulatory uncertainty. Investors must understand that stakes may occasionally cause losses because of penalties, vulnerabilities of smart contracts, or network problems.

How Fees and Staking Work

In the case of the new filing, VanEck will charge a Sponsor Fee of 0.3%, paid daily and monthly in tokens. Daily calculation of rewards is also done and charged after subtracting a small staking fee of 0.28%.

Rewards must be reflected in the taxes of investors, depending on the jurisdiction and taxable income. The VanEck staking reward history files are also used to enable investors to monitor both USD and EUR net rewards history, and enable them to understand tax-wise.

Key Highlights

• The new Exchange Traded Fund is a combination of SOL price exposure and yields, with the potential for better returns.

• VanEck has institutional-grade custodians (Gemini and Coinbase) to provide extra security.

• The current ETN already has a large share of its holdings and offers net returns.

• The charges on both products are quite low, which increases the attractiveness of long-term investors.

• It is awaiting regulatory approval, and SEC review may be postponed by external events such as a government shutdown of the United States.

Conclusion

The new Solana ETF filing is a milestone in the regulation of cryptocurrency investment. This will offer investors a better opportunity to invest in a safe and organized manner by offering rewards in addition to the standard price tracking.

Even though the risks could not be eliminated because of the volatility of cryptocurrencies and regulatory uncertainties, the adoption of products in the institutional investment market is becoming increasingly accepted.