New ETFs
Bitwise's NEAR fund charges more, and keeps less of the rewards, than its other US staking ETFs
VanEck Solana ETF
$13.95−0.09 (−0.63%)
- 0.30%
- $22M
- 0M sh
- $14.00
- low $8.19high $19.34
The ETF.net VSOL Grade
B
Score 63 out of 100
- 5 of 9
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D33 out of 100Rank 7 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 3 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B66 out of 100Rank 2 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 3 of 9
Our read on VSOL
BVanEck was first in line at the SEC with a US Solana filing in June 2024, then arrived after the crowd. VSOL is a grantor trust that holds SOL outright and stakes part of it for network rewards.
The Trust seeks to track Solana's price and staking rewards on part of its SOL holdings, after operating expenses.
Why people hold it
- Holds real SOL and stakes a slice of it, passing the network's staking rewards through after expenses. No wallet, no seed phrase, no validator to babysit.vaneck.com
- Two separate crypto custodians, Gemini Trust and Coinbase Custody, hold the trust's SOL, and authorized participants can create or redeem baskets in cash or in kind.vaneck.com
- Only part of the SOL is staked, leaving unstaked coins on hand for redemptions instead of locking the whole pot behind unstaking queues.vaneck.com
- VanEck put the first US Solana trust registration on the SEC's desk in June 2024, and already ran spot bitcoin and ether funds before this one listed.cointelegraph.comvaneck.com
Worth knowing
- The standing sponsor fee is 0.30%, above the median for spot Solana funds; SOEZ, GSOL and BSOL all listed cheaper.
- One of the smaller, thinner-traded names in a crowded Solana lineup, which can mean wider spreads at the screen than the group's biggest funds.
- Staking stacks risks on top of SOL's swings: validator downtime or slashing penalties, staking-provider counterparty risk, and unsettled tax treatment of rewards.vaneck.comvaneck.com
VSOL Holdings
- Other
- 1
- 100%
- Solana
Geography
- United States100.00%
VSOL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
VSOL$9,017
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VSOL |
|---|---|
| Year to date | −9.8% |
| 1 month | +6.3% |
| 3 months | +40.1% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VSOL |
|---|---|---|
| 2026 YTD | −9.8% | |
| 2025 | −4.0% |
VSOL in the news
VSOL Dividends
- $0.60 per share
- Irregular
Distribution data unavailable.
Distribution history
VSOL Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VSOL Cost
0.30%
VSOL0.30%
- The middle half of Spot Solana funds
- Median 0.21%
6 of the 9 Spot Solana funds charge less.
Other funds in Spot Solana
- AGSOLGrayscale Solana Staking ETFExpense ratio 0.19%1 year return −47.3%
- BTSOL21Shares Solana ETFExpense ratio 0.21%1 year return —
- BQSOLInvesco Galaxy Solana ETFExpense ratio 0.25%1 year return —
- CSSKETF Opportunities Trust - REX-Osprey SOL + Staking ETFExpense ratio 0.75%1 year return −44.3%
- CSOLCCanary Marinade Solana ETFExpense ratio 0.50%1 year return —