Will VanEcks European Market Solana ETN Staking Serve as a Test for Ethereum ETF Staking
VanEck describes the pledged returns as passive income. Additionally, VanEck employs a completely non-custodial pledging method, whereby the custodian of the ETN assets has full control over the pledged assets, eliminating any lending risks. Investors in Solana ETN do not need to take any additional actions as the returns will be directly deposited into their accounts, settled daily.