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VanEck EU Launches Staking for $73M Solana ETN in European Market

Oct 21, 2024, 12:05 PM

VanEck EU has launched a staking feature for its Solana exchange-traded note (ETN), $VSOL, which has an asset under management (AUM) of $73 million. This new feature, available in the European market, allows investors to earn staking rewards automatically. The introduction of staking is seen as a bullish move for Solana, potentially increasing its value in the market.