21Shares Receives Regulatory Approval for Solana ETF With 0.21% Management Fee

21Shares has received final regulatory approval to launch its Solana exchange-traded fund, the sixth such product in the U.S. market. The ETF carries a 0.21 percent management fee, according to regulatory filings published this week. Solana ETFs collectively attracted $26.2 million in inflows on November 18, while SOL trades near $139.52, down more than 10 percent over the past week.