VSOL
VanEck Solana ETN
VSOL
VanEck Solana ETN
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NAV$1.10
as of 29 Sep 2023 -
YTD RETURNS--
as of 29 Sep 2023 -
Total Net Assets$7.27 million
as of 29 Sep 2023 -
Total Expense Ratio1.50%
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Inception Date13 Sep 2021
Overview
Product Description
Track the blockchain platform built for speed and capacity. Solana is one of the fastest blockchain platform, allowing blockchain developers to scale apps at very low cost.
- Blockchain platform designed for speed and scalability
- Tradeable like an ETF on regulated stock exchanges (albeit within a different segment)
- 100% collateralized with Solana (SOL)
- Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)
Risk Factors: Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.Currency Risk, Technology Risk, Legal and Regulatory Risks
Underlying Index
MarketVector Solana VWAP Close Index (MVSOLV Index).