Solana News Today: VanEck's 0.30% Staking ETF Could Reshape Institutional Crypto Yields With Regulated Safety Nets

VanEck has submitted an updated version of its Solana Staking ETF application to the U.S. Securities and Exchange Commission (SEC), reducing the management fee to 0.30% and incorporating detailed staking provisions. The firm filed its fifth S-1/A amendment, finalizing its fee structure and operational framework. The ETF, to be listed under the ticker VSOL on the Cboe BZX Exchange, aims to track Solana's price performance while generating additional returns through stakingVanEck Updates Solana ETF Filing: Here Are the Details^[1]. VanEck Digital Assets, LLC has been designated as the authorized participant, signaling a structured operational approachVanEck Updates Solana ETF Filing: Here Are the Details^[1].

The updated filing outlines a staking framework that delegates Solana (SOL) tokens to multiple third-party providers, including Gemini and Coinbase Custody, to optimize yield potential and operational safety. The selection of providers will depend on performance, uptime, and compliance records, with a 5% liquidity buffer to facilitate redemptions during volatile market conditionsSolana ETFs Gain Traction as SEC Reviews Staking Filings^[6]. This approach aligns with growing institutional interest in integrating staking into regulated investment products tied to proof-of-stake networks like SolanaVanEck Updates Solana ETF Filing: Here Are the Details^[1].

Regulatory engagement remains active, with the SEC's evolving stance on crypto ETFs reflecting cautious but progressive scrutiny. The recent amendments by VanEck and other issuers, such as Fidelity and Grayscale, demonstrate ongoing efforts to address SEC concerns around in-kind redemptions, custody, and staking mechanismsSolana ETF Could Be Weeks Away From Approval as VanEck and Fidelity Update S-1 Filings^[3]. Analysts note that the SEC's post-election review process and potential approval of Solana ETFs could mirror the regulatory trajectory seen for Bitcoin and Ethereum spot ETFs.

Market observers highlight the competitive 0.30% fee as a key differentiator, positioning VanEck's offering among the most cost-efficient crypto ETFs. The inclusion of staking rewards further enhances the product's appeal, potentially boosting long-term yields for investors. However, the ongoing U.S. government shutdown has delayed regulatory processes, creating uncertainty around approval timelinesSolana ETFs Gain Traction as SEC Reviews Staking Filings^[6].

Speculative discussions around a potential SEC decision on October 16, 2025, have emerged, though no official deadline has been confirmed. If approved, the ETF could catalyze increased institutional adoption of Solana, similar to Ethereum's ETF-driven rally in 2024What’s SEC Up To? Oct 16 Points To Solana ETF Approval Date^[2]. Analysts suggest that a successful launch might drive Solana's price to $290–$345, fueled by on-chain metrics and growing ecosystem participation.

VanEck's filings also reference the potential integration of liquid staking tokens (LSTs) in future iterations, pending regulatory clarity. This aligns with the firm's broader strategy to explore tokenized yield instruments within SEC-compliant frameworks, as evidenced by its prior registration of the Lido Staked Ethereum TrustSolana ETFs Gain Traction as SEC Reviews Staking Filings^[6].