One year (1Y) Performance of Solana in Green vs. S&P500 in Orange
As of August 9th, 2024, Solana (SOL) has witnessed a price increase of approximately 524% in one year, remarkable compared to the S&P500 which has only seen a positive performance of 19% in the same time frame.

Why Invest in Solana?

Blockchain for advanced applications
Solana is engineered to address the limitations of older blockchains like Ethereum, focusing on achieving superior speed and scalability. With its high throughput and low transaction costs, Solana is ideal for advanced financial applications, decentralized finance (DeFi), and complex smart contracts. This technical edge has attracted a robust community of developers, positioning Solana as a leading platform for innovative blockchain solutions.

Potential to Flip Ethereum
As of August 9th, 2024, Solana is the fifth largest crypto asset with a market capitalization of around $71 billion. Solana has emerged as a strong contender in the blockchain space, often touted as a potential "Ethereum killer." With its superior scalability and efficiency, Solana offers an attractive alternative to Ethereum, especially as it continues to attract more developers, projects, and institutional interest. This growing adoption could enable Solana to challenge Ethereum's dominance as a smart contract platform. Currently, the SOL to ETH market cap ratio is around 25%, the highest it’s ever been, showing the continued importance of Solana.

Resilience Amid Recent Market Downturn
Despite the market downturn witnessed on August 5th, Solana has demonstrated remarkable resilience, and has actually been a catalyst to pulling the wider market out of trouble. Since August 5th’s low, Solana has since then rebounded by over 38%. This resilience suggests that Solana is well-positioned to weather market fluctuations and maintain its relevance in the long term. Furthermore, Solana is more than 10% away from its previous valuation, handing investors the opportunity to invest in Solana at a discounted price.

Potential Brazilian and U.S. Solana ETF Launch
Solana's growing prominence is underscored by recent developments in the ETF space. Notably, asset managers, like 21Shares, have filed a 19b-4 application with the U.S. SEC for a Solana-based ETF, while Brazil's Securities and Exchange Commission has already approved a Solana ETF. The introduction of these ETFs, particularly in the U.S., could significantly elevate Solana's profile by providing institutional investors with a regulated and accessible way to invest in the asset. Historical precedent, such as the surge of interest and inflows following U.S. Bitcoin ETF launch, suggests that a similar effect could occur with Solana. This would not only drive substantial capital into Solana but also help establish it as a blue-chip cryptocurrency, solidifying its status among the top crypto assets.

Why invest in ASOL? Your Benefits at a Glance

21Shares Solana Staking ETP (ASOL) tracks SOL's performance while capturing staking yields that are reinvested into the ETP for enhanced performance.

Staking with Ease
With ASOL, investors not only gain direct exposure to Solana's growth potential but also benefit from accessing staking yields, currently at 4.74%, all while enjoying professional risk management. Unlike direct staking, ASOL allows investors to earn these yields without the need to lock up assets themselves. The underlying assets are securely held in cold storage, ensuring maximum protection against potential security risks. This combination of yield generation, security, and convenience makes ASOL an attractive option for investors looking to participate in Solana’s ecosystem without the operational complexities of managing staked assets directly.

Largest 21Shares Single Asset ETP by Product Size
ASOL is the largest single-asset ETP offered by 21Shares, with nearly $1 billion in assets under management, accounting for approximately 1.3% of Solana's total market capitalization. This substantial AUM highlights strong investor confidence and offers a secure, regulated, and liquid investment vehicle for gaining direct exposure to Solana’s growth potential. ASOL’s scale reflects significant institutional interest, providing investors with a strategic entry point to capitalize on Solana’s continued adoption and market growth, without the complexities of managing cryptocurrencies directly.

100% Physically Backed
ASOL is 100% physically backed by the underlying SOL and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.

Carbon Neutral
Since 2018, 21Shares has been fully carbon neutral. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.

21Shares Track Record
21Shares offers the world’s largest suite of cryptocurrency exchange-traded products, with over 40 products listed in 10+ exchanges, 21Shares is making cryptocurrency investing more accessible. In 2018, the company listed the world’s first physically backed crypto ETP and continues developing their product suite with industry leading research and innovative products designed for institutional and retail investors around the globe.

21Shares Solana Staking ETP (ASOL) at a Glance

Product 21Shares Solana Staking ETP
Ticker ASOL
ISIN CH1114873776
Inception Date Juni 29, 2021
Management Fee (TER) 2.50%
Listing Avenues SIX Swiss Exchange
Boerse Stuttgart
Euronext Amsterdam
Boerse Duesseldorf
Deutsche Boerse Xetra
Euronext Paris
Assets under Management ($) $937,037,6431
3 Month Daily Average Spread 62.48 basis points


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Information about 21Shares

21Shares offers the world’s broadest crypto product suite, including single assets, basket and tactical products, and are experts in the industry having launched the world’s first physically backed crypto ETP over 5 years ago. 21.co Group’s assets under management have amassed over $5 Billion in assets under management globally and continue developing their product suite backed by industry leading research to make crypto investing more accessible to everyone.

Contact Us

For additional information, please contact our us via phone:

  • Zurich, ZH, Switzerland: +41 44 260 86 60
  • New York, NY, United States: +1 212-223-3460

Or kindly email sales@21.co who will happily respond to questions regarding our products. For more information, please visit our website at ​​https://21shares.com/.

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 1As of August 9th, 2024

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