🚀 Big news for European crypto investors! Asset manager VanEck has announced that its Solana (SOL) exchange-traded note (ETN) now includes staking. This means holders of the $73 million VSOL ETN can now earn staking rewards daily!
🔹 The ETN, based in Liechtenstein, mirrors the price and yield of Solana.
🔹 Staking rewards will be reinvested and calculated as part of the product’s end-of-day net asset value.
🔹 VanEck uses custodians to delegate SOL to validator nodes, ensuring customer funds are protected.
What do you think about this move? Share your thoughts in the comments! 💬