VanEck has integrated crypto staking rewards into its Solana Exchange-Traded Note (ETN), aiming to enhance returns for investors. This move is anticipated to increase the attractiveness of the Solana ETN among European investors.
By adding staking rewards, VanEck hopes to boost investor yields and strengthen Solana's position in the European market. Staking involves participating in the validation process of blockchain transactions, offering investors an additional source of returns.
This development could play a crucial role in accelerating the adoption of Solana in Europe, hinting at potential growth in the region's crypto investment landscape.