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Stock impact report

Breaking: VanEck Launches Solana ETF As Investors Move Funds From BTC and ETH To SOL and XRP [Yahoo! Finance]

Sol Strategies Inc. - Common Shares (STKE) 
Company Research Source: Yahoo! Finance
VanEck has launched its Solana ETF with zero fees. SOL Strategies selected to stake all SOL in VanEck's new ETF. SOL and XRP funds post strong inflows while BTC and ETH ETFs see outflows. VanEck has launched its Solana ETF as investors continue to move capital from Bitcoin and Ethereum products toward SOL and XRP funds. The firm advanced the product by appointing SOL Strategies as its staking partner after filing its 8-A registration with the U.S. Securities and Exchange Commission. VanEck Introduces Solana ETF With Zero-Fee Launch Offer According to a press release , VanEck has launched its VSOL Solana ETF with a zero fee promotion as funds move from Bitcoin and Ethereum products into Solana and XRP. The firm said the sponsor fee will remain at 0% until the ETF hits US$1 billion in assets or expires on February 17, 2026. The fee will then revert to 0.30% once the introductory period ends. The ETF's staking service provider will also forgo its fees during that time period Show less Read more
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