21Shares to pay Solana staking rewards to ETF holders

Uk Jin

Summary

21Shares said it will distribute rewards generated from staking Solana (SOL) to investors in its exchange-traded fund (ETF).
The staking rewards will be paid to holders of the “21Shares Solana ETF (TSOL),” with a payout of $0.316871 per share.
The ex-dividend date is the 13th and the payment date is the 17th, and the distribution is funded by rewards earned by staking the Solana held by the ETF on the network.

21Shares said on the 13th that it will distribute rewards generated from staking Solana (SOL) to investors in its exchange-traded fund (ETF).

The staking rewards will be paid to holders of the “21Shares Solana ETF (TSOL).” The payout is $0.316871 per share.

The ex-dividend date is the 13th, and the payment date is the 17th.

The distribution is funded by rewards earned by staking the Solana held by the ETF on the network. Staking is a mechanism in which crypto assets are locked up for a set period to participate in blockchain validation in exchange for rewards.

SOL