Solana News Today: VanEck's Staking ETF Combines Yield Generation With Price Tracking

VanEck has submitted an amended S-1 filing to the U.S. Securities and Exchange Commission (SEC) for its Spot Solana ETF (VSOL), reducing the management fee to 0.30% and introducing a staking strategy to generate additional returns for investors VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. This marks VanEck's fifth amendment for the Solana ETF, reflecting ongoing efforts to refine its offering and align with regulatory requirements VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. The ETF aims to track Solana's price performance while incorporating staking rewards, a hybrid structure designed to combine price tracking with yield generation VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1].

The staking policy involves third-party providers, including SOL Strategies, Gemini Trust Company, and Coinbase Custody, to manage Solana delegation and yield generation VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. These providers are selected based on performance, uptime, and regulatory compliance VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. To mitigate liquidity risks during market volatility, the ETF maintains a 5% liquidity risk buffer, ensuring redemptions are not hindered by the 2–3 day unbonding period typical on Solana VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. This buffer is reviewed annually to preserve market efficiency VanEck Amends Solana ETF Filing, Cuts Fee to 0.3%^[4].

The ETF is structured as a grantor trust, similar to other spot crypto ETFs, and will not register under the Investment Company Act of 1940 Solana Eyes Rally as VanEck ETF Integrates Staking Yield^[3]. It will hold actual SOL tokens and reflect daily valuations based on the MarketVector Solana Benchmark Rate, derived from leading trading platforms Solana Eyes Rally as VanEck ETF Integrates Staking Yield^[3]. The 0.30% sponsor fee covers all operating expenses, positioning the fund as one of the most competitively priced digital asset ETFs in the U.S. market VanEck Adjusts Solana ETF Filing, Lowers Fee to 0.30%^[2].

VanEck's filing also signals broader industry trends, as the firm has expanded its staking-integrated product lineup with a Staked Hyperliquid ETF expected to list on Coinbase VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. The company previously registered a Lido Staked Ethereum Trust, underscoring its focus on tokenized yield instruments within SEC-compliant frameworks VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. Analysts, including Nate Geraci of NovaDius Wealth Management, predict potential approval for multiple Solana staking ETFs, including VanEck's, within two weeks, citing streamlined SEC processes and coordinated filings by major asset managers Several SOL Staking ETFs May Be Approved Within 2 Weeks^[5].

Regulatory progress remains contingent on the SEC's Generic Listing Standards (GLS), which allow exchanges like Cboe BZX to list crypto ETFs without direct SEC approval, provided they adhere to existing rules VanEck Amends Solana ETF Filing, Cuts Fee to 0.3%^[4]. However, ongoing U.S. government shutdowns have delayed regulatory updates, leaving the approval timeline uncertain VanEck Amends Solana ETF Filing, Cuts Fee to 0.3%^[4]. Despite this, VanEck's filing aligns with growing institutional interest in Solana, as evidenced by the REX-Osprey Solana Staking ETF's $33 million in trading volume and $12 million in inflows on its launch day Several SOL Staking ETFs May Be Approved Within 2 Weeks^[5].

The amended filing reflects VanEck's strategic emphasis on integrating staking income into digital asset funds, a model that could influence future ETFs, including those incorporating liquid staking tokens (LSTs), pending regulatory approval VanEck Files Amended S-1 for Solana ETF, Cuts Management Fee^[1]. With the SEC's recent shift toward standardized listing frameworks for crypto products, the path for Solana ETFs appears to mirror prior Bitcoin and Ethereum ETF approvals, suggesting a potential acceleration in regulatory clarity .