Solana ETP

VanEck Solana ETN

Solana ETP

VanEck Solana ETN

VSOL

Solana ETP

VanEck Solana ETN

VSOL

Solana ETP

VanEck Solana ETN

ISIN: DE000A3GSUD3 copy-icon

WKN: A3GSUD copy-icon

Why invest in a Solana ETN?

Why invest?

KID

Summary

Base Prospectus

Final Terms

Coin Entitlement History

Fact Sheet

Information on Staking

Staking Reward History

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.

Why invest in a Solana ETN?

Why invest?

KID

Summary

Base Prospectus

Final Terms

Coin Entitlement History

Fact Sheet

Information on Staking

Staking Reward History

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)

The VanEck Digital Assets ETNs provide the right to redeem against delivery of the respective cryptocurrency. In our opinion, therefore, after the expiry of a holding period of 12 months, the result from the return may be tax-free (non-taxable) for private investors who are taxable in Germany.

This information does not constitute tax advice and cannot replace it. For an assessment of your taxation, please contact your tax advisor.

Main 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. Staking activities could lead to losses. 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. You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested.

Underlying Index

MarketVector Solana VWAP Close Index (MVSOLV Index).

Fund Highlights

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)
No lending of SOL

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).

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf.

Performance

Holdings

Portfolio

Staking Tax Information

Staking Reward History File

Our Staking Reward History file simplifies assessing potential tax obligations related to staking rewards generated by VSOL and VETH. It provides net daily staking rewards and cumulative staking rewards in both USD and EUR, tracked on a day-by-day basis.

How to Use This File to Assess Potential Tax Implications

1. Calculate the Difference in Cumulative Rewards

i. Identify Date A:
Use the cumulative staking rewards (in EUR per note) on the purchase date, or
If the asset was held before January 1st, use the value as of January 1st.

ii. Identify Date B:
Use the cumulative staking rewards (in EUR per note) on the sell date, or
Use the year-end value for assets held at year-end.

iii. Perform the Calculation:
Subtract the cumulative rewards at Date A from those at Date B.
Multiply the result by the number of notes held during this period.

2. Include in Tax Reporting

The calculated value may need to be reported as income, depending on:

a) The jurisdiction of residence.

b) The individual's income level and applicable tax laws.

Important Notes

Tax laws vary by jurisdiction and personal circumstances. We strongly recommend consulting a qualified tax professional to ensure accurate reporting of staking rewards.

The staking reward history files are product specific and cannot be used for any other product. The staking rewards are historical and do not guarantee future results.

Documents

Index

Index Description

The MarketVector Solana VWAP Close Index is designed to track the performance of a Solana digital asset. There is no component other than Solana in the index. The index is calculated daily between 00:00 and 24:00 (CET) and the index values are disseminated to data vendors every 15 seconds. The index is disseminated in USD and the closing value is calculated at 16:00:00 CET based on 1h volume weighted average prices (VWAPs) between 15:00 and 16:00 CET. The VWAPs are calculated with CCCAGG prices. Further information about MVSOLV e.g. with regards to the index methodology and changes of the index may be found on www.marketvector.com.

Awards

Main Risks

Main Risk Factors of a Solana ETN

Despite all the hype, digital assets are a highly risky investment. Below are key risk factors that need to be considered before making an investment in Solana ETN.

Risk of Losses and Volatility
Technology Risk
Regulatory Risk

The trading prices of many digital assets have experienced extreme volatility in recent periods and may continue to do so, and staking activities may contribute to this volatility. There is a risk of total loss as no guarantee can be made regarding custody due to hacking risk, counterparty risk and market risk.

Trading venues/systems may be subject to hacking and can lead to loss.

market disruptions and governmental interventions may make digital assets illegal.