TLDR
The newly launched SOL staking ETF is the VanEck Solana ETF (ticker VSOL), which stakes its SOL via SOL Strategies and debuted on 17 Nov 2025 %%CKPROTECTED0%%.
- VSOLs sponsor and staking provider fees are waived until 17 Feb 2026 or $1B AUM, creating a zero?fee window fee waiver.
- Context: the first U.S. Solana staking ETF was Bitwises BSOL, launched on 28 Oct 2025 %%CKPROTECTED0%%.
- Both products use staking to add yield to NAV; VSOL names SOL Strategies as its provider staking setup.
Deep Dive
1. VanEck VSOL
VanEcks VSOL launched on 17 Nov 2025 and is structured to stake its SOL holdings through SOL Strategies.
- The funds debut and staking design, including SOL Strategies role and validator credentials, were confirmed at launch launch details.
- VanEck highlighted a zero?fee promotional period (sponsor fee and staking provider fee waived) to jump?start assets fee waiver.
- Additional color: SOL Strategies will stake the ETFs SOL, using its Orangefin validator stack staking setup.
If you want SOL exposure with staking yield baked into a traditional wrapper, VSOL is now live with an introductory zero?fee period.
2. Bitwises First Mover (BSOL)
Bitwise launched the first U.S. spot Solana staking ETF, BSOL, on 28 Oct 2025, establishing the category.
- BSOLs first?mover launch and rapid asset gathering were reported shortly after the debut first mover.
- Follow?on coverage noted BSOL adding options trading and capturing the bulk of early inflows among SOL ETFs options and AUM.
BSOL set the competitive baseline on fees and staking pass?through, which subsequent entrants like VSOL are targeting with fee waivers.
3. Why Staking In An ETF Matters
These ETFs incorporate on?chain staking rewards into fund mechanics, aiming to enhance total return relative to a pure price?tracking vehicle.
- VanEck explicitly plans to stake holdings and initially waive provider fees to maximize economics during launch staking plan.
- Reporting highlights the staking provider choice and operational stack behind VSOLs setup provider detail.
For investors who prefer brokerage access over self?custody, staking ETFs offer SOL exposure plus staking yield without managing validators or on?chain workflows.
Conclusion
Answer: VanEcks Solana ETF (VSOL) is the SOL staking ETF that just launched, with fees waived initially and staking handled by SOL Strategies. For context, Bitwises BSOL was the first U.S. Solana staking ETF and set the early benchmark on fees and flows.
