The post 21shares Solana ETF Goes Live Amid Crypto Market Turmoil appeared on BitcoinEthereumNews.com. Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL (SOL) ETF offering in the US. The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares. Senior Bloomberg ETF analyst Eric Balchunas said: “21Shares is debuting its spot Solana ETF (TSOL) today, which will have a fee of 21 basis points (BPS) and is opening with $100 million in assets under management (AUM). The Solana ETFs have now taken in $2 billion as a group, with inflows basically every day, not bad considering the ‘extreme fear’ right now,” he wrote. TSOL debuts trading with over $100 million in assets under management. Source: Eric Balchunas TSOL’s debut was accompanied by the launch of investment manager VanEck’s SOL ETF (VSOL) on Monday, which also features staking rewards. Market analysts and industry executives have said that 2026 could be a monumental year for altcoin ETFs, with the potential introduction of over 100 new investment vehicles attracting fresh capital flows, according to Matt Hougan, chief investment officer at Bitwise. Related: 21Shares launches crypto index ETFs under SEC’s Act ’40 Solana gets caught in market rout despite highly anticipated ETF launches Although crypto ETFs provide a vehicle to attract capital flows from passive investors in traditional financial markets, investment flows work both ways, boosting underlying asset prices when demand is strong, but hurting prices when net outflows are high. The price of SOL has decreased by approximately 14% over the last seven days, despite the ETF launches, according to data from CoinMarketCap. The price of SOL cratered following a market-wide crash in October. Source: CoinMarketCap Bitwise’s Solana ETF (BSOL) launched in October, attracting nearly $500 million in net inflows in the three weeks since… The post 21shares Solana ETF Goes Live Amid Crypto Market Turmoil appeared on BitcoinEthereumNews.com. Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL (SOL) ETF offering in the US. The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares. Senior Bloomberg ETF analyst Eric Balchunas said: “21Shares is debuting its spot Solana ETF (TSOL) today, which will have a fee of 21 basis points (BPS) and is opening with $100 million in assets under management (AUM). The Solana ETFs have now taken in $2 billion as a group, with inflows basically every day, not bad considering the ‘extreme fear’ right now,” he wrote. TSOL debuts trading with over $100 million in assets under management. Source: Eric Balchunas TSOL’s debut was accompanied by the launch of investment manager VanEck’s SOL ETF (VSOL) on Monday, which also features staking rewards. Market analysts and industry executives have said that 2026 could be a monumental year for altcoin ETFs, with the potential introduction of over 100 new investment vehicles attracting fresh capital flows, according to Matt Hougan, chief investment officer at Bitwise. Related: 21Shares launches crypto index ETFs under SEC’s Act ’40 Solana gets caught in market rout despite highly anticipated ETF launches Although crypto ETFs provide a vehicle to attract capital flows from passive investors in traditional financial markets, investment flows work both ways, boosting underlying asset prices when demand is strong, but hurting prices when net outflows are high. The price of SOL has decreased by approximately 14% over the last seven days, despite the ETF launches, according to data from CoinMarketCap. The price of SOL cratered following a market-wide crash in October. Source: CoinMarketCap Bitwise’s Solana ETF (BSOL) launched in October, attracting nearly $500 million in net inflows in the three weeks since…