On November 17, 2025, VanEck launched the VanEck Solana ETF (VSOL) on Nasdaq, offering investors direct exposure to Solana (SOL) and staking rewards, per Business Wire. This marks the third U.S. spot Solana staking ETF, following Bitwise’s BSOL (October 29, 2025) and Grayscale’s GSOL (October 28, 2025), per CoinDesk and Benzinga. Fidelity’s FSOL is slated for launch on November 19, per Blockonomi, with a 0.25% management fee and waived staking fees until May 2026, per. Canary Capital’s SOLC, in partnership with Marinade Finance, debuted earlier, per CryptoPotato. X posts from @Cointurknews celebrate VSOL’s zero-fee period for the first $1B in AUM until February 17, 2026.
VSOL provides SOL price tracking plus staking yields (estimated 5–7% APY), managed by Solana Strategies with ISO 27001 and SOC 2 certifications, per VanEck. The 0.30% sponsor fee is waived for the first $1B in assets until February 17, 2026, per Benzinga, aiming to attract early inflows. Grayscale’s GSOL and Bitwise’s BSOL similarly emphasize staking, with Grayscale noting “innovative solutions aligned with market interest,” per CryptoPotato. These ETFs capitalize on Solana’s $8.6B DeFi TVL (up 30.4% QoQ) and 64.8% staked supply ($60B), per Messari. X posts from @AlvinMaven highlight Fidelity’s fee structure as a “hard just” to competitors.
Bloomberg ETF analysts describe the launches as a “focused effort” to meet rising demand, per CryptoPotato, with staking-enabled ETFs addressing altcoin risks more cautiously than earlier applications. VanEck’s promo, per Benzinga, could accelerate adoption, reshaping investor behavior toward altcoin staking. Fidelity’s FSOL waives fees to draw early adopters, per Blockonomi. Grayscale and Bitwise’s products signal a “pivotal moment” for unconventional assets, per CryptoPotato. X posts from @jtaimoor879 note Grayscale’s Dogecoin ETF potential launch on November 24, per [post:3]. Despite SOL’s 20% monthly slide to $137, per The Coin Republic, ETFs have seen $268M inflows in 72 hours, per Investing.com.
The ETF surge reflects institutional appetite for Solana’s high-throughput ecosystem, per Crypto Briefing, potentially unlocking $10B+ in flows by 2026, per. Staking features could boost SOL yields, with Firedancer upgrades enhancing scalability, per Changelly. However, SEC scrutiny on staking as securities persists, per CoinDesk. SOL trades at $136.63 (down 3%), testing $130 support, per CoinLore. X posts from @solupdatescom emphasize diversified exposure, per [post:2]. This wave may redefine altcoin investment, but volatility remains, with $200 as a key target.
