How to buy Solana with staking through a broker

How to buy Solana exposure

You can hold SOL price exposure and staking through Virtune Staked Solana ETP. A broker offering one of its listings lets you buy the security into your investment account. Virtune manages the product's SOL holdings and staking, so you do not need a personal Solana wallet.

Solana is a blockchain for applications and transfers of digital assets. Its native asset, SOL, pays transaction fees and can be used in network staking. These are uses of SOL itself; the ETP provides an investment linked to the asset's price, with staking handled within the product. What Solana is gives more background.

Why buy Solana through an ETP?

A staked ETP lets you combine the SOL investment and staking in one brokerage holding. You do not have to choose validators, arrange custody of crypto-assets or handle reward payments in a wallet.

Staking rewards allocated to investors remain in the security and increase its SOL holding. The allocation varies, has a contractual ceiling and is affected by deductions. This can add SOL to the backing, but it does not stop the investment losing value when SOL's price falls.

Virtune holds SOL with a custodian as collateral for the ETP. The crypto-asset backs the security you own; it is not a personal crypto-asset balance in your name.

Buying through a broker

At your crypto ETP broker, the product can be found by its full name or the ISIN shown below. The broker's order page identifies the listing, trading currency, current buy and sell prices and applicable charges. If the broker offers several listings, they still refer to the same security where the ISIN is the same.

Its ISIN is SE0021309754. Nasdaq Stockholm uses VIRSOL, Helsinki VIRSOLE and Warsaw ETNVIRSOL. VRTS is used on Xetra and on both Euronext Paris and Amsterdam.

The Solana ETP product page brings together available brokers, product documents and current details. Account availability and tax treatment depend on your country and account type; the exchange listing alone does not establish either.

Costs of buying and holding the ETP

The management fee is deducted from the product's value over time. It is different from the costs of trading: the broker may charge commission, the buy and sell prices have a spread, and a currency conversion charge can apply when the trade uses a different currency from your cash account. The table below separates these costs.

Costs when buying Virtune Staked Solana ETP

Cost	Who determines the cost?	When
Brokerage commission	Broker	On purchases and sales where the broker charges commission
Difference between buy and sell prices (spread)	Market	When you buy or sell; included in the quoted price, not billed separately
Management fee, 0.95% per year	Issuer	Ongoing, from the product's value
Currency conversion	Broker, if applicable	When account cash must be converted into the currency used for the trade

Investors are allocated at most 75% of earned staking rewards, limited to an annual reward rate of no more than 3% before the management fee, under the Solana staking terms. The annual percentage caps the increase from rewards in the crypto-asset amount represented by each ETP. Actual rewards can be lower. The limit is a ceiling on reward allocation, not a promised return; the management fee is deducted separately.

Risks to understand

Crypto-asset prices can move sharply, so the value of the ETP can fall. Crypto markets continue trading when stock exchanges are closed; the next ETP quote can therefore differ substantially from the previous close.

SOL held for Virtune Staked Solana ETP reduces credit risk to Virtune by securing its payment obligation. If Virtune cannot pay, the collateral agent represents holders in seeking payment from that SOL, at the value available when it is sold.

Staking rewards vary, and reward-delivery or staking-provider problems can reduce the benefit allocated to investors. Additional crypto-assets in the backing do not prevent losses when the asset's price falls. How staking works explains the underlying mechanism.

The crypto ETP buying guide explains the purchase process and the difference between a security and a crypto-asset holding.