What is a spot Solana ETF?
A spot Solana ETF is an exchange-traded fund that invests directly in Solana (SOL), the seventh-largest cryptocurrency in the world by market capitalization. Although it’s not the most valuable cryptocurrency, Solana has a number of features that have put it on investors’ radars.
The cryptocurrency uses a proof-of-stake system to validate transactions, which is a more energy-efficient alternative to Bitcoin’s proof-of-work-based mining system. Staking allows Solana holders to generate passive income with their holdings; staking rewards are a bit like the crypto equivalent of dividends or interest payments.
The Solana blockchain hosts other cryptocurrency projects in addition to its native Solana token. Many meme coins, including the controversial TRUMP Coin launched by President Donald Trump in 2025, run on the Solana blockchain.
8 spot Solana ETFs and their fees
At the time of writing, eight spot Solana ETFs are actively trading — they're listed below in order from lowest to highest fee.
Tip: You can buy these ETFs through a number of brokerages. Here's our list of the best brokerages to get you started in your search.
Fund name & symbol | Fee |
|---|---|
Franklin Solana ETF (SOEZ) | 0.19% |
Grayscale Solana Trust (GSOL) | 0.19% |
Bitwise Solana Staking ETF (BSOL) | 0.20% |
21Shares Solana ETF (TSOL) | 0.21% |
Invesco Galaxy Solana ETF (QSOL) | 0.25% |
Fidelity Solana Fund (FSOL) | 0.25% |
VanEck Solana ETF (VSOL) | 0.30% |
Canary Marinade Solana ETF (SOLC) | 0.50% |
Sources: Fund websites. Data is current as of July 23, 2026, and is intended for informational purposes only. | |
Brokerage firms | |
|---|---|
Other ways to invest in Solana
If you’re looking for other ways to invest in Solana, there are a few ways to get exposure to the cryptocurrency outside of the spot ETFs listed above.
Solana strategy ETFs
There were already a few Solana strategy ETFs on the market before the spot ETF launches. These are ETFs that indirectly track the returns of Solana (or some multiple of them) by investing in Solana derivatives. There are three Solana strategy ETFs on the market that invest at least 50% of their non-cash-equivalent holdings in Solana and/or its derivatives. They're listed below from lowest to highest fee. Leveraged ETFs are marked with an * asterisk.
Fund name & symbol | Fee | Notes |
|---|---|---|
REX-Osprey SOL + Staking ETF (SSK) | 0.75% | Invested in Solana, Solana derivatives, a spot Solana fund and Treasury bills. |
VolatilityShares Solana ETF (SOLZ) | 1.15% | Invested in Solana futures. |
VolatilityShares 2x Solana ETF (SOLT)* | 1.85% | Invested in Solana futures, targeting 2x the daily returns of Solana. |
Sources: Fund websites. Data is current as of July 23, 2026, and is intended for informational purposes only. | ||
Note that these types of ETFs often charge higher fees than the proposed spot ETFs, and their returns may diverge significantly from those of Solana itself due to their indirect investing methods.
» MORE: Best ETF platforms and brokers
Solana futures
If you know how to trade futures, buying Solana futures is another way to get Solana exposure. The Chicago Mercantile Exchange launched Solana futures trading in March of 2025, and the contracts are now available through many futures brokers.
But futures trading isn’t for everyone — it can be risky and can have a steep learning curve.
Investing directly in Solana
The other way to invest in Solana is by purchasing the cryptocurrency itself. The price of the Solana token is volatile; in 2026, it's seen highs near $150 and lows around $60, which gives short-term traders the opportunity to make (or lose) a lot of money on its swings.
Investing in Solana itself may have some advantages over buying a Solana ETF — for example, no expense ratio and more control over staking. (Even the ETFs that have staking features will have discretion over how much of their Solana they stake, how long they stake it and what they do with the rewards. If you own the cryptocurrency outright, these decisions are up to you.)
More on crypto, ETF and alternative asset investing
The author owned Bitcoin and Ethereum at the time of publication.
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