Welcome to VanEck
Select Investor Type
Tracks performance of SOL through physical replication, the token of Solana, a high-speed blockchain popular for apps and payments. Crypto-assets are extremely volatile and total loss is possible.
Backed by SOL held in secure, institutional-grade cold storage facilities. Staked with Tier-1 Staking Providers. You bear issuer, custody , staking and crypto-price risk.
Gain SOL exposure through an ordinary brokerage account, without managing wallets or keys. Prices can move sharply at any time, including overnight.
Track the blockchain platform built for speed and capacity. Solana is one of the fastest blockchain platform, allowing blockchain developers to scale apps at very low cost.
Main Risk Factors: Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Staking activities could lead to losses. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.Currency Risk, Technology Risk, Legal and Regulatory Risks. You can lose money by investing in the ETNs. The value of the investments may go up or down and the investor may not get back the amount invested.
Our Staking Reward History file simplifies assessing potential tax obligations related to staking rewards generated by VSOL and VETH. It provides net daily staking rewards and cumulative staking rewards in both USD and EUR, tracked on a day-by-day basis.
How to Use This File to Assess Potential Tax Implications1. Calculate the Difference in Cumulative Rewards
i. Identify Date A:
Use the cumulative staking rewards (in EUR per note) on the purchase date, or
If the asset was held before January 1st, use the value as of January 1st.
ii. Identify Date B:
Use the cumulative staking rewards (in EUR per note) on the sell date, or
Use the year-end value for assets held at year-end.
iii. Perform the Calculation:
Subtract the cumulative rewards at Date A from those at Date B.
Multiply the result by the number of notes held during this period.
2. Include in Tax Reporting
The calculated value may need to be reported as income, depending on:
a) The jurisdiction of residence.
b) The individual's income level and applicable tax laws.
Important NotesTax laws vary by jurisdiction and personal circumstances. We strongly recommend consulting a qualified tax professional to ensure accurate reporting of staking rewards.
The staking reward history files are product specific and cannot be used for any other product. The staking rewards are historical and do not guarantee future results.