SOL Strategies will provide staking services for the VanEck Solana ETF

Foresight News reported, according to The Block, that Solana treasury company SOL Strategies has been selected to provide staking services for VanEck's upcoming US spot Solana ETF. The staking will be conducted through the Orangefin validator, which was acquired by SOL Strategies in December last year. SOL Strategies will be responsible for managing the ETF's SOL holdings, and the ETF has recently filed an 8-A statement with the US Securities and Exchange Commission.