CoinShares XBT Physical Solana Staked ETP
A 100% physically-backed, zero-fee ETP providing secure and transparent exposure to the Solana network’s native asset, SOL, and additional staking rewards. This ETP is domiciled in Sweden and available in SEK.
Best-in-class
Solana ETP
Available in SEK
CoinShares XBT Provider ETPs are available to trade in SEK. With CoinShares XBT Physical Solana ETP, access Solana exposure right through your favourite investment platform.
100% physical & transparent
CoinShares XBT Physical Solana ETP is 100% physically backed by Solana.
CoinShares XBT Physical ETPs' reserves, verified by The Network Firm, are publicly available. Investors can ensure products are always backed by the appropriate amount of underlying digital asset(s).
Crypto in your savings account
CoinShares XBT Provider ETPs are eligible in ISK on Avanza, allowing you to gain Solana exposure with the advantages of Sweden's investment savings account.
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.
Key Information
Data as of -CoinShares XBT Physical Solana ETP Performance
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
Structure
Key service providers
Legal & tax
People Also Ask
FAQWhy 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 guideHow 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 XBT 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 XBT 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 XBT Physical Staked Solana ETP might depend on your investment platform and is usually 1 share (or unit) of the ETP.
