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VSOL
VSOL
VanEck Solana ETN
VSOL
VSOL
VanEck Solana ETN
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VSOL
VSOL
VanEck Solana ETN
VSOL
VSOL
VanEck Solana ETN
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NAV$4.14
as of 31 Jul 2026 -
YTD RETURNS-41.03%
as of 31 Jul 2026 -
Total Net Assets$45.82 million
as of 31 Jul 2026 -
Total Expense Ratio1.50%
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Inception Date13 Sep 2021
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Gross staking yield4.85%
Overview
Product Description
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.
- Blockchain platform designed for speed and scalability
- Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
- 100% collateralized with Solana (SOL)
- Stored at a regulated crypto custodian
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.
Fund Highlights
- Blockchain platform designed for speed and scalability
- Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
- 100% collateralized with Solana (SOL)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
- No lending of SOL
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. 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
Underlying Index
MarketVector Solana VWAP Close Index (MVSOLV Index).
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf.
Holdings
Portfolio
Trading Information
Documents
Staking Reward History File
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.
Research
Awards
Index
- Diaman Awards 2023
- Winner: VanEck
Main Risks
Main Risk Factors of a Solana ETN
Despite all the hype, digital assets are a highly risky investment. Below are key risk factors that need to be considered before making an investment in Solana ETN.
The trading prices of many digital assets have experienced extreme volatility in recent periods and may continue to do so, and staking activities may contribute to this volatility. There is a risk of total loss as no guarantee can be made regarding custody due to hacking risk, counterparty risk and market risk.
Trading venues/systems may be subject to hacking and can lead to loss.
market disruptions and governmental interventions may make digital assets illegal.