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Stock impact report

VanEck Launches Second US Solana Staking ETF With Zero Fees [Yahoo! Finance]

Sol Strategies Inc. - Common Shares (STKE) 
Company Research Source: Yahoo! Finance
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 gained 3.2% following the launch announcement. 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 a Show less Read more
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