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Fonte Capital Launches Central Asia’s First Spot Solana ETF With Staking

The new fund, trading on Kazakhstan’s Astana International Exchange under ticker SETF, provides exposure to Solana with a 5.5–7.5% annual staking yield, custodied by BitGo Trust.

SOL

Summary

Fonte Capital has introduced the first spot Solana ETF with staking in Central Asia, now trading on Kazakhstan’s Astana International Exchange under ticker SETF. The product offers exposure to SOL and includes a staking yield estimated between 5.5% and 7.5%. BitGo Trust will provide custody services.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, in this case Solana, rather than derivatives.
  • Staking Yield: The annual return earned by participating in a blockchain’s consensus mechanism, estimated here at 5.5–7.5% for Solana.
  • Custody: The safekeeping of digital assets by a regulated third party; BitGo Trust serves as the custodian for this ETF.