🏦 21Shares Solana ETF officially approved and set to trade

On November 20, 2025, the 21Shares Solana ETF (code TSOL) has officially received regulatory approval and will begin trading. The company is an important issuer in the cryptocurrency investment products sector, and its launch of the TSOL ETF becomes one of the first approved Solana spot ETFs, providing investors with a compliant and convenient channel for Solana allocation.

This ETF not only provides investors with direct exposure to the spot price of Solana but also innovatively integrates staking yield functionality. 21Shares collaborates with professional institutional-grade staking service providers to execute on-chain staking operations on behalf of the ETF, aiming to bring additional compound staking returns to investors and enhance the long-term appreciation potential of the assets.

To promote early adoption of the ETF and market liquidity, 21Shares announced a zero management fee policy for the first $1 billion in assets under management (AUM) for TSOL, which will last for 12 months. In the context of the ongoing development of the digital asset market, the ETF products of the Solana ecosystem demonstrate unique appeal. Data shows that the Solana ETF category has recorded net inflows for 10 consecutive days, and market attention continues to rise.

The launch of TSOL builds an important bridge for traditional capital by combining on-chain native yields (staking rewards) with the liquidity and convenience of traditional exchanges. This move significantly lowers the technical and compliance barriers for institutional investors to allocate Solana, and is expected to further drive the participation depth and asset allocation scale of mainstream financial institutions in the Solana ecosystem.