VanEck Launches Solana ETF on Nasdaq With $10 Million Seed Capital as SOL Trades at $137

VanEck began trading its Solana ETF (VSOL) on Nasdaq on November 17 with $10 million in seed capital representing 51,656 SOL tokens. The fund charges a 0.30% management fee, waived for three months on the first $1 billion in assets. Grayscale's competing GSOL holds $541.31 million in net assets and charges 0.35%.