CoinShares Physical Solana Staked ETP

Name: Physical Solana
Brand: Coinshares
SKU: GB00BNRRFY34
Availability: InStock

A 100% physically-backed, zero-fee ETP providing secure and transparent exposure to the Solana network’s native asset, SOL, plus additional staking rewards of 3.00% p.a.

Factsheet

Asset under Management (US$)

365,194,940

Fees p.a.

0.00%

YTD Performance

-0.79%

Staking Rewards p.a.

3.0%

Asset under Management (US$)

365,194,940

Fees p.a.

0.00%

YTD Performance

-0.79%

Staking Rewards p.a.

3.0%

01Product

Best-in-class
Solana ETP

As convenient as it gets

With CoinShares Physical Solana Staked ETP, access Solana exposure right through your favourite investment platform. Keep all your investments in one place.

Explore where to buy

100% physical

CoinShares Solana Staked ETP is 100% physically backed by Solana. For each investment in Solana, the very same amount is bought in SOL and stored on an institutional-grade custodian, Komainu.

Learn more about Physical ETP

0% management fees and additional staking rewards

A first in the crypto ETP industry. CoinShares' Staked ETPs are built to allow the Issuer to share staking rewards with investors. Management fees are also reduced to 0%p.a.

Learn more about staking

Fully transparent

CoinShares Physical Staked ETPs' reserves, verified by The Network Firm, are publicly available. This proof of reserves ensures products are always backed by the appropriate amount of underlying digital asset(s).

Check CoinShares ETPs holdings in real-time

Product ID

Product name
Ticker
ISIN

Key Information

Documents Available

Factsheet
KID
Prospectus
Final terms

CoinShares Physical Solana Performance

02 Performance

YTD

Since Inception

Key risks

Investor's capital is at risk and investors may lose part or all of their investment. Crypto ETPs are complex products that can be difficult to understand. These figures refer to the past and past performance is not a reliable indicator of future returns.

Trading Information

03Trading

Country

Exchange

Trading Currency

Bloomberg Code

Isin

WKN

Listing Date

Germany
Xetra
EUR
SLNC GY Equity
GB00BNRRFY34
A3GXNS
2022-03-23
Switzerland
SIX Swiss Ex
USD
SLNC SE Equity
GB00BNRRFY34
A3GXNS
2022-06-10
France
EN Paris
EUR
SLNC FP Equity
GB00BNRRFY34
A3GXNS
2025-03-17

04Details

Structure

Key service providers

Legal & tax

Domicile	Jersey
legalStructure	Debt Security (ETP)
replicationMethod	Physical

Buy CoinShares Physical Solana Staked ETP through your favourite broker

01 — Copy product ID

Copy the ISIN or Ticker of CoinShares Physical Solana Staked ETP. This information is essential to identify the correct product.

02 — Open your broker account

Add crypto to your portfolio while using your existing account or create a new one.

03 — Search for the product

On your broker account, search for the product by pasting its ISIN or Ticker and select it.

04 — Enter order details

Set the number of ETP shares you wish to buy, review your order and confirm the trade.

Why is Solana special?

Solana stands out due to its high-speed transactions and scalability, capable of processing up to 65,000 transactions per second - for reference, Ethereum currently handles 10 transactions per second as of early 2024. Solana’s unique consensus mechanism, Proof of History, enhances efficiency, making it ideal for decentralised applications (dApps) and decentralised finance (DeFi) projects.

Solana guide

How does staking Solana work?

Staking Solana involves securing the network by locking up SOL tokens to support transaction validation. In return, stakers earn rewards, meaning more SOL, for their contribution to network security and decentralisation. As with other cryptos, staking Solana requires technical knowledge and on-chain experience: CoinShares Physical Staked ETPs allow investors to gain exposure to tokens and gain rewards directly on their brokerage account.

How much Solana do I need to stake?

Should you look at staking Solana yourself on-chain, there could be a threshold depending on the platform used. In any case, you would need to buy SOL on a crypto exchange, withdraw your tokens to a wallet, and process transactions to finally stake your assets. The CoinShares Physical Staked Solana ETP does the work for you with real SOL automatically bought and staked based on your investment. The minimum to invest in CoinShares Physical Staked Solana ETP might depend on your investment platform and is usually 1 share (or unit) of the ETP.