According to Wu, asset management company VanEck announced that its Solana Exchange Traded Note (ETN) launched in the European market has successfully enabled staking functionality. The asset management scale (AUM) of this ETN has reached 73 million USD, with the code VSOL. The staking method adopted by VanEck is completely non-custodial. Investors in the Solana ETN do not need to take any proactive actions to participate in staking. Staking rewards will be automatically credited to the ETN's token rights and reflected in the daily net asset value (NAV). Regardless of when investors purchase the ETN, the total staking rewards generated during the most recent period will be equitably distributed, but a 25% staking fee will be deducted.