VanEck has introduced staking rewards for European investors in its Solana exchange-traded note (ETN) VSOL. The staking option, confirmed by Matthew Sigel, VanEck's head of digital asset research, on Oct. 21, allows investors to earn rewards reflected in the daily net asset value (NAV) of the ETN. Investors will receive 75% of the gross staking rewards, with a 25% deduction for VanEck's staking fee. This passive income feature is available to all VSOL holders and requires no additional action. VSOL, a crypto ETN for European investors, launched in September 2021 on Deutsche Börse with assets under management totaling $73.8 million as of Oct. 18. VanEck's staking approach is non-custodial, ensuring the custodian retains control over staked assets. Future developments may include liquid staking tokens like jitoSOL. Northern Data explores divesting its mining division, while stablecoin issuers race to meet MiCA's requirements for a more secure European crypto market. Read more AI-generated news on: https://app.chaingpt.org/news