21Shares Solana ETF

TSOL

Market cap $2.91M

The Bitwise Solana Staking ETF offers the most structurally attractive long-term Solana exposure due to its low staking fees, competitive expense ratio, and largest AUM. Despite Solana's robust network fundamentals, a ~70% drawdown and risk-off macro conditions warrant a 'Hold' rating for both SOL and Solana ETFs. Differences in fees, AUM durability, and index construction meaningfully affect compounded returns over time.

Solana ( CRYPTO: SOL ) ETFs just posted something rare in the current market conditions: 19 consecutive days of inflows, defying a sharp November downturn that erased billions in digital asset value.

Spot solana ETFs may not have been on the bingo card for every advisor out there, but these funds are growing by the day.  Ever since Bitwise led the way with the release of the Bitwise Solana Staking ETF (BSOL), many competitors and firms have been racing to get a slice of the pie.

NEW YORK, Nov. 19, 2025 (GLOBE NEWSWIRE) -- 21shares , one of the world's largest issuers of cryptocurrency exchange traded products (ETPs), today announced the launch of the 21Shares Solana ETF (TSOL) on CBOE. The launch of TSOL allows U.S. investors to gain transparent exposure to the growth of Solana (SOL) – one of the most active blockchain networks for gaming, finance, and identity protection. With a total expense ratio (TER) of 0.21%, TSOL incorporates staking to enhance potential returns and tracks the performance of SOL. Staking allows crypto holders to earn rewards by locking up their assets to support the operation and security of a blockchain network.