21Shares will launch its spot Solana ETF today, with an initial asset management scale of $100 million.

Bloomberg analyst Eric Balchunas wrote on the X platform that 21Shares will launch its spot Solana ETF (ticker symbol TSOL) today. The fund has a management fee of 21 basis points and initial assets under management of $100 million. The Solana ETF has already attracted $2 billion in funds, with inflows almost daily, which is quite impressive considering the current "extreme panic" in the market.