21shares Drops Sponsor Fee on TSOL ETF for 12 Months

21shares, a leading issuer of crypto exchange-traded products (ETPs), has announced a 12-month sponsor fee waiver for its 21shares Solana ETF (TSOL). The fee reduction is effective from July 28, 2026, and will lower the sponsor fee on TSOL from 0.21% to 0.00%.

This move aims to make it easier for both retail and institutional investors to gain exposure to Solana (SOL), one of the world's most active and rapidly growing blockchain ecosystems.

According to Duncan Moir, President at 21shares, 'With the introduction of a 0% sponsor fee for the next 12 months alongside native staking rewards, we are giving investors an opportunity to gain exposure to Solana's growing ecosystem while benefiting from 21shares' long-established operational and custody infrastructure.'

The TSOL ETF offers direct exposure to SOL, with no need for investors to manage private keys or crypto wallets. It also provides access to on-chain staking rewards generated by the Solana network, which currently offer an estimated net staking yield of ~4.65%.