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21Shares Solana ETF ( (TSOL) ) has provided an update.
On February 4, 2026, 21Shares Solana ETF entered into a staking services agreement with Figment Inc., under which Figment will stake the Trust’s SOL tokens to generate rewards and provide detailed reward calculations, subject to Solana’s bonding and unbonding restrictions that can temporarily limit token and reward availability. The Figment contract features mutual indemnities and tightly defined liability caps, including specific limits on responsibility for slashing penalties and missed rewards, while compensating Figment with a low single-digit share of staking rewards.
Also on February 4, 2026, the Trust signed a separate staking services agreement with Cayman Islands–based Twinstake Ltd to access its staking system, delegate SOL to provided nodes, and receive support for Solana protocol changes. This arrangement likewise includes structured indemnities and a liability cap tied to the prior 12 months of fees, with Twinstake’s compensation also set as a low single-digit percentage of staking rewards, underscoring the Trust’s push to formalize and diversify its staking operations and risk management framework.
More about 21Shares Solana ETF
21Shares Solana ETF is a trust vehicle providing investors with exposure to the Solana (SOL) blockchain ecosystem, primarily through holding and managing SOL tokens on behalf of shareholders. The Trust operates within the digital asset and exchange-traded product industry, focusing on generating staking rewards from Solana network participation while navigating blockchain-specific constraints and validator relationships.
Average Trading Volume: 37,186
Current Market Cap: $2.57M
For detailed information about TSOL stock, go to TipRanks’ Stock Analysis page.