The Solana price is edging closer to a potential breakout as institutional demand accelerates and asset manager VanEck refines its spot Solana (SOL) ETF proposal with the U.S. Securities and Exchange Commission (SEC).

The revised filing, VanEck’s fifth amendment, cuts fees to 0.30% and introduces regulated staking, positioning the fund as one of the most innovative and cost-effective digital asset ETFs to date.

VanEck Pushes Ahead With Solana ETF Featuring Staking Rewards

The proposed VanEck Solana ETF (VSOL) aims to track the market performance of the Solana price while generating additional yield through staking, a first-of-its-kind structure for a U.S.-listed digital asset fund.

The ETF will list on the Cboe BZX Exchange and delegate a portion of its holdings to approved validator

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