Digital Asset Manager Fonte Capital Launches Asia’s First Spot SOL ETF with Staking

Investment management firm Fonte Capital Ltd has launched its first spot Solana (SOL) exchange-traded fund (ETF) in Asia. The new product, called the Fonte Capital Solana Exchange-Traded Fund (SETF), is now officially listed on the Astana International Exchange (AIX).

According to a recent announcement, what sets this ETF apart is its built-in staking feature, giving investors exposure not only to Solana’s price movements but also to staking rewards. This dual benefit makes the product one of the region’s most innovative digital asset investment vehicles. 

Driving Growth Through Solana’s Blockchain 

The latest development could attract both local and international investors seeking regulated access to Solana, one of the world’s leading blockchain networks. By integrating staking within the ETF structure, Fonte Capital offers an added layer of potential returns that traditional ETFs in other markets currently lack. 

The fund also enables investors to participate in Solana’s Proof-of-Stake (PoS) system, with the company projecting SOL’s annual growth rate to range between 5.5% and 7.5% this year.

By staking, investors can earn an extra income on the same asset, which boosts the value of their shares without requiring additional capital. These rewards can help pay for the Fund’s expenses, making the investment more cost-effective. Notably, the mechanism promotes capital growth through Solana’s blockchain, blending the reliability of decentralization with access to new passive income tools.

Commenting on the latest update, Yerzhan Mussin, CEO of Fonte Capital Ltd, said, “We are building a bridge between traditional financial instruments and innovative blockchain technologies, offering investors a unique product that combines the growth of the underlying asset (SOL) with passive income through staking.” 

A Regulated Custodian With Global Reach 

For security, BitGo Trust Company safeguards the Fund’s assets. As a regulated digital asset custodian with years of experience, the platform also protects Fonte’s Spot BTC ETF and works with major institutions worldwide. The company uses strict rules and security measures to secure the Fund. 

According to the announcement, the development reflects the increasing appetite for digital asset products that are both regulated and capable of delivering secure returns. While this is the first spot Solana ETF in the region, numerous firms have launched several Solana-focused products in recent years. For instance, in March 2024, the asset management firm Hashdex launched a Solana ETF in Brazil, designed explicitly for qualified investors.

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