Odaily Planet Daily News According to an official announcement, asset management company VanEck has announced that the Solana Exchange Traded Note (ETN) launched in Europe now has staking functionality. The staking method adopted by VanEck is completely non-custodial, meaning that the custodian of the ETN assets always has full control over the staked assets, with no lending risks involved. Investors in the Solana ETN do not need to take any action; if rewards are distributed, they will be credited to the token rights of the ETN. Regardless of whether the custodian purchased the ETN last year or just last week, the total staking rewards earned during the last period will be distributed equally (after deducting a 25% staking fee). VanEck instructs the custodian to use the physical SOL held by the ETN for staking, delegating the SOL to validators. The validator nodes are owned and maintained by staking service providers, but the delegated SOL is always controlled by the custodian.