what's 21Shares Core Solana ETF?

The 21Shares Core Solana ETF (TSOL) is a spot exchange-traded fund listed on the Chicago Board Options Exchange (CBOE) that provides U.S. investors with direct exposure to Solana's native token, SOL. It tracks SOL's price performance while incorporating automated staking of the underlying assets through a delegated Proof-of-Stake mechanism, where validators secure the Solana network in exchange for rewards distributed to ETF holders. This structure simplifies access to Solana's staking yields for traditional investors, eliminating technical barriers associated with direct on-chain staking. With a competitive expense ratio, TSOL bridges traditional finance and the Solana ecosystem, enabling regulated participation in one of the leading high-throughput blockchains.

21shares' new Solana ETF is now live and available for trading.