VanEck Solana ETF(NASDAQ:VSOL)

VSOL provides exposure to the price of SOL by holding the asset and valuing shares using the MarketVector Solana Benchmark Rate, which sources prices from the top SOL trading platforms identified through the CCData Centralized Exchange Benchmark review. This framework evaluates exchanges across multiple risk categories to support data transparency and integrity. The Trust may also stake a portion of its SOL through approved providers when the Sponsor determines such activity does not introduce undue legal or tax risk, and any staking rewards are reflected in NAV. VSOL processes creations and redemptions with authorized participants in cash or in kind, holds SOL with third party custodians, and does not use leverage or derivatives. Overall, the Trust offers a regulated structure for gaining SOL exposure and eligible staking rewards without requiring direct management of digital asset custody.