21Shares Waives Sponsor Fee on Solana ETF

21Shares, a leading issuer of crypto exchange-traded products, is launching a new promotion for its Solana ETF (TSOL). Starting July 28, 2026, the company will waive the sponsor fee on TSOL, effectively reducing it to 0.00% for a period of 12 months.

This move aims to make TSOL more attractive to investors by lowering their costs. The ETF also captures Solana network staking rewards, offering an estimated net staking yield of approximately 4.29% as of July 20, 2026.

21Shares President Duncan Moi emphasized the company's mission to deliver low-cost and accessible investment solutions. However, investors should remain cautious due to the high risk and volatility associated with crypto assets, particularly when it comes to staking and custody arrangements.