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<!-- Creation Date :2026-08-07T15:06:23.9553+00:00 -->
<!-- Copyright (c) 2026 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Sponsor Staking Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized Gain (Loss) on Sponsor Staking Fee Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorStakingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Additional trust expenses paid by sponsor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Trust Expenses Paid By Sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional trust expenses paid by sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_AdditionalTrustExpensesPaidBySponsor_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">End of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued, no par value (unlimited Shares authorized)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net decrease in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from Contract with Customer [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Transactions and Revenue Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Balance, Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quantity of Zcash</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance ,Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal income tax rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Sponsor's Staking Fee payable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized Gain (Loss) on Sponsor's Staking Fee payable in SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxAuthorityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Jurisdiction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change in Unrealized Appreciation/Depreciation on Staking Reward Receivable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized appreciation/depreciation on staking reward receivable in SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Staking Reward Receivable in HYPE, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorsFeeOnAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor's Fee on Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorsFeeOnAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor's fee on assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorsFeeOnAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Staking Fee Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeePercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor Staking Fee Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Risks and Uncertainties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeWaiverPercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fee Waiver Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeWaiverPercent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor Fee Waiver Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeWaiverPercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee Waiver</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized and unrealized gain loss.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized And Unrealized Gain Loss [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized loss from:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net realized and unrealized gain from:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtFairValueAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Servicing Asset at Fair Value, Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtFairValueAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ServicingAssetAtFairValueAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending Balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Total Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date of Record</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsPayableDateOfRecordDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Date of record</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts redeemed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOL redeemed, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold for Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold for redemption of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain (loss) on investment in HYPE sold for redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal market and fair value determination.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Market And Fair Value Determination [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market and Fair Value Determination</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Indemnifications</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Price Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share price per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized (depreciation) appreciation.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change In Unrealized Depreciation Appreciation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedDepreciationAppreciation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in HYPE, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net realized Loss on Investment in Ether Sold to Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized loss on investment in ether sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in Ether sold to pay expenses, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage Of Sponsor Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of sponsor fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net decrease in net assets from investment operations:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Sponsor's Staking Fee, Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts sponsor's staking fee, related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE distributed for Sponsor's Staking Fee, related party, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of incidental rights held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Right Held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental right held.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net increase in Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Change in Number of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in net asset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Net Asset.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total decrease in net assets from operations and capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Stock, par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's fees incurred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Sponsor's Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in net assets from capital share transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase (decrease) in net assets from capital share transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase (decrease) in net assets from capital share transactions:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in shares outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Shares Outstanding Abstract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in Shares outstanding:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockholdersEquityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Stockholders Equity [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockholdersEquityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Activity in Value of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense, after Reduction of Fee Waiver and Reimbursement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">--12-31</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NAVOfTheTrustExceedsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">NAV of the Trust Exceeds Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NAVOfTheTrustExceedsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">NAV of the trust exceeds amount.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NAVOfTheTrustExceedsAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NAV of the trust exceeds amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance shares held by custodian.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Shares Held By Custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned balance shares held by custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company Total Returns</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyTotalReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment company total returns.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SOLFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">SOL Fair Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SOLFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">SOL fair value per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SOLFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE fair value per share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks and Uncertainties [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentInSOLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In SOL [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentInSOLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentInSOLMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityPolicyholdersSurplus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Policyholders' Surplus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityPolicyholdersSurplus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liability for unrecognized tax amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change In Unrealized Appreciation Depreciation On Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized appreciation depreciation on investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized depreciation on investment in SOL, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains (Losses) Ether Sold to Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains (losses) ether sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesEtherSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in Ether sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StateAndLocalJurisdictionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">State and Local Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StateAndLocalJurisdictionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">State and Local Jurisdiction [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's fees, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SponsorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains (Losses) Sold to Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains (losses) sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net realized gain on investment in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain (loss) on investment in HYPE sold to pay Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instrument [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Gain (Loss) on Investment, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net change in unrealized appreciation/depreciation on investment in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares, Outstanding, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares, Outstanding, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Redemptions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned redemptions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE redeemed, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivableAndPayableOfRelatedPartyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable and Payable of Related Party [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivableAndPayableOfRelatedPartyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Receivable and payable of related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_O2026M8DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">O2026 M8 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_O2026M8DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">O2026 M8 Dividends [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_O2026M8DividendsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">August 5, 2026 Dividend [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts new contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts New Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE contributed, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInHYPE_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInHYPE_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Change in Unrealized Appreciation/Depreciation on Sponsor's Staking Fee Payable in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInHYPE_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Change in Unrealized Appreciation/Depreciation on Sponsor's Staking Fee Payable in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning Balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Investment in HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in HYPE, at fair value (cost $123,464 as of June 30, 2026)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareRedeemWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share redeem with multiplied one</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareRedeemWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Redeem With Multiplied One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareRedeemWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share redeem with multiplied one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingCodmIndividualTitleAndPositionOrGroupOrCommitteeNameExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">New Investment owned balance contracts staking reward income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE Staking Reward income, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change in Unrealized Appreciation/Depreciation on Sponsor's Staking Fee Payable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net change in unrealized appreciation/depreciation on sponsor's staking fee payable in SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in HYPE, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueNetAssetLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net assets, Fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueNetAssetLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Net Asset (Liability)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueNetAssetLiability_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Fair Value, Net Asset (Liability), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost of investment in SOL, at fair value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fee Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor fee rate.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeeRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor fee rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications disclosure.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure Abstract</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioExcludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Ratio, after Fee Waiver and before Incentive Fee Deduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioExcludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioExcludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Gross Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioExcludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gross Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrayscaleSolanaTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Grayscale Solana Trust [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrayscaleSolanaTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Grayscale solana trust.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrayscaleSolanaTrustMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Grayscale Solana Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party sponsor fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Receivables</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOL receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment owned balance contracts net realized loss on investment sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized loss on investment sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain (loss) on investment in HYPE sold to pay Sponsor's Fee, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_LiabilitiesInExcessOfOtherAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities in Excess of Other Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_LiabilitiesInExcessOfOtherAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities In Excess of Other Assets [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_LiabilitiesInExcessOfOtherAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Liabilities In Excess of Other Assets Member</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains (Losses) Sold to Pay Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains (losses) sold to pay sponsor's staking fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_RealizedInvestmentGainsLossesSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in SOL sold to pay Sponsor's Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFeeDecreases_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Sponsor Fee Decreases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFeeDecreases_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage Of Sponsor Fee Decreases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorFeeDecreases_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of sponsor fee decreases</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorsFeeAfterTheFeeWaiverPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of sponsor's fee after the fee waiver period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorsFeeAfterTheFeeWaiverPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of Sponsor's Fee After the Fee Waiver Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfSponsorsFeeAfterTheFeeWaiverPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of sponsor's fee after the fee waiver period.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Sponsor's Staking Fee, Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned sponsor's staking fee, related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedSponsorsStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE distributed for Sponsor's Staking Fee, related party, Ending balance, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings, Schedule of Investments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in Quantity of HYPE and Respective Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares outstanding at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares outstanding at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares outstanding, no par value (unlimited Shares authorized)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Staking Fee, Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor Staking Fee, Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorStakingFeeRelatedParty_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Staking Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyWeightedAverageNetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company Weighted Average Net Asset Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyWeightedAverageNetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Company Weighted Average Net Asset Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentCompanyWeightedAverageNetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted average NAV per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gross Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts distributed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">HYPE distributed for Sponsor's Fee, related party, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE distributed for Sponsor's Fee, related party, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Creations and Redemptions of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net (decrease) increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrossConsiderationGeneratedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gross Consideration Generated Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrossConsiderationGeneratedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Gross consideration generated percentage.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_GrossConsiderationGeneratedPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross consideration generated percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxContingencyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Contingency [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non sponsor paid expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Sponsor Paid Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non Sponsor Paid Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized Loss on Investment in SOL Sold to Pay Sponsors Staking Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net realized loss on investment in SOL sold to pay sponsor's staking fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain (loss) on investment in HYPE sold for redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivablesInExcessOfOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivables in Excess of Other Liabilities [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivablesInExcessOfOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Receivables in excess of other liabilities member.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivablesInExcessOfOtherLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivables in Excess of Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other Liabilities, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SOL payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyDistributionToShareholdersPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Distribution to Shareholders, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Consideration Received on Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net proceed from shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Fee Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor Fee Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_SponsorFeePercent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Net Assets, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossGain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized (loss) gain.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossGain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Realized Loss Gain</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossGain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain on investment in HYPE, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakedDigitalAssetAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Staked Digital Asset Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakedDigitalAssetAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Staked Digital Asset Amount</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakedDigitalAssetAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staked HYPE</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on Staking Reward Receivable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain (Loss) on Staking Reward Receivable in SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_UnrealizedGainLossOnStakingRewardReceivableInSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Unrealized gain (loss) on staking reward receivable in SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned staking reward income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedStakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE Staking Reward income, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfStakingFeeAndValidatorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Staking Fee And Validator Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfStakingFeeAndValidatorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage Of Staking Fee And Validator Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_PercentageOfStakingFeeAndValidatorFees_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of Staking Fee and Validator Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaborative Arrangement and Arrangement Other than Collaborative [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Unrecognized Tax Benefits, Ending Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Unrecognized Tax Benefits, Beginning Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reserves for uncertain tax positions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrecognized tax amounts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">HYPE distributed for Sponsor's Fee, related party, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">HYPE distributed for Sponsor's Fee, related party, Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">EntityExTransitionPeriod</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseOffsetArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Offset Arrangement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseOffsetArrangement_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Sponsor's Fee Waiver, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseOffsetArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee Waiver, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Realized Loss On Investment Sold For Redemption Of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balance contracts net realized loss on investment sold for redemption of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized gain (loss) on investment in HYPE sold for redemption of Shares, Quantity</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset, Held-in-Trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Asset, Held-in-Trust, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets held in trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee payable, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Payable, Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accrued and unpaid sponsor's fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Highlights Per Share Performance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss), Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment income:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends Payable, Date to be Paid</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendPayableDateToBePaidDayMonthAndYear_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividend payable date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_QuantityOfSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Quantity of SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_QuantityOfSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Quantity of SOL.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_QuantityOfSOL_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Quantity of SOL</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DividendsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Dividends [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxContingencyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Contingency [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Amounts of Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Purchase of shares of the trust</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Related party maximum transaction in a fiscal year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Ratios [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ratios to average net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareIssueWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share issue with multiplied one</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareIssueWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Issue With Multiplied One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ShareIssueWithMultipliedOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share issue with multiplied one.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_StakingRewardIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Staking Reward Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Ratio, after Fee Waiver and Incentive Fee Deduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivableAndPayableOfRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Receivable and Payable of Related Party [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_ReceivableAndPayableOfRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Receivable and payable of related party.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Held in Employee Trust, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares held by related parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Repurchased During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share purchased, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net increase in net assets resulting from capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in net assets resulting from capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized (loss) gain on investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net realized and unrealized loss on investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Principal Market NAV, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market NAV per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Principal Market NAV, initial creation</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_MinimumPercentageOfTaxPositions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum percentage of tax positions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_MinimumPercentageOfTaxPositions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum Percentage of Tax Positions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_MinimumPercentageOfTaxPositions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum percentage of tax positions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Financial Instruments, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market and Fair Value Determination</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Number of Shares Issued in Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares purchase</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental rights distributed in payment of sponsors fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Rights Distributed In Payment Of Sponsors Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002107730_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of incidental rights distributed</link:label>
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  <xsd:element id="ck0002107730_RealizedInvestmentGainsLossesSoldForRedemptionOfShares" name="RealizedInvestmentGainsLossesSoldForRedemptionOfShares" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_StakingRewardIncome" name="StakingRewardIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee" name="NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_ReceivableAndPayableOfRelatedPartyTable" name="ReceivableAndPayableOfRelatedPartyTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldForRedemptionOfShares" name="InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldForRedemptionOfShares" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment" name="InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_IndemnificationsDisclosureTextBlock" name="IndemnificationsDisclosureTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldToPayExpenses" name="InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentSoldToPayExpenses" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNewContributions" name="InvestmentOwnedBalanceContractsNewContributions" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_SponsorStakingFeeRelatedParty" name="SponsorStakingFeeRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_LiabilitiesInExcessOfOtherAssetsMember" name="LiabilitiesInExcessOfOtherAssetsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_NetRealizedAndUnrealizedGainLossAbstract" name="NetRealizedAndUnrealizedGainLossAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee" name="InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_IndemnificationsDisclosureAbstract" name="IndemnificationsDisclosureAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_InvestmentInSOLMember" name="InvestmentInSOLMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract" name="IncreaseDecreaseInNetAssetsFromCapitalShareTransactionsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_NAVOfTheTrustExceedsAmount" name="NAVOfTheTrustExceedsAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_UnrealizedGainLossOnSponsorsStakingFeePayableInSOL" name="UnrealizedGainLossOnSponsorsStakingFeePayableInSOL" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_InvestmentMember" name="InvestmentMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_NetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee" name="NetRealizedLossOnInvestmentInSOLSoldToPaySponsorsStakingFee" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_UnrealizedGainLossOnSponsorStakingFeePayable" name="UnrealizedGainLossOnSponsorStakingFeePayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_CommonShareEquivalentOfSOL" name="CommonShareEquivalentOfSOL" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingRewardReceivableInSOL" name="InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnStakingRewardReceivableInSOL" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInHYPE" name="NetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInHYPE" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_SponsorMember" name="SponsorMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_PercentageOfSponsorFee" name="PercentageOfSponsorFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_StakedDigitalAssetAmount" name="StakedDigitalAssetAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossGain" name="InvestmentOwnedBalanceContractsNetRealizedLossGain" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_PrincipalMarketAndFairValueDeterminationPolicyTextBlock" name="PrincipalMarketAndFairValueDeterminationPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsDistributed" name="InvestmentOwnedBalanceContractsDistributed" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_RealizedInvestmentGainsLossesSoldToPayExpenses" name="RealizedInvestmentGainsLossesSoldToPayExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_NetAssetsAbstract" name="NetAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_TransitionReport" name="TransitionReport" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_GrossConsiderationGeneratedPercentage" name="GrossConsiderationGeneratedPercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_QuantityOfSOL" name="QuantityOfSOL" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentCompanyWeightedAverageNetAssetValuePerShare" name="InvestmentCompanyWeightedAverageNetAssetValuePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_GrayscaleSolanaTrustMember" name="GrayscaleSolanaTrustMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_SponsorsFeeOnAssets" name="SponsorsFeeOnAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_SponsorsStakingFeePayableRelatedParty" name="SponsorsStakingFeePayableRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_InvestmentsOwnedStakingRewardIncome" name="InvestmentsOwnedStakingRewardIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_IncreaseDecreaseInNetAsset" name="IncreaseDecreaseInNetAsset" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_InvestmentCompanyTotalReturns" name="InvestmentCompanyTotalReturns" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentsOwnedRedemptions" name="InvestmentsOwnedRedemptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceSharesHeldByCustodian" name="InvestmentOwnedBalanceSharesHeldByCustodian" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_SOLFairValuePerShare" name="SOLFairValuePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_SponsorFeePercent" name="SponsorFeePercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentsOwnedDistributions" name="InvestmentsOwnedDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInEtherSoldToPayExpenses" name="InvestmentOwnedBalanceContractsNetRealizedLossOnInvestmentInEtherSoldToPayExpenses" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_SponsorFeeRate" name="SponsorFeeRate" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInSOL" name="InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnSponsorsStakingFeePayableInSOL" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_PercentageOfSponsorsFeeAfterTheFeeWaiverPeriod" name="PercentageOfSponsorsFeeAfterTheFeeWaiverPeriod" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_UnrealizedGainLossOnStakingRewardReceivableInSOL" name="UnrealizedGainLossOnStakingRewardReceivableInSOL" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsRedeemed" name="InvestmentOwnedBalanceContractsRedeemed" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_SponsorStakingFeePercentage" name="SponsorStakingFeePercentage" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_O2026M8DividendsMember" name="O2026M8DividendsMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_ShareRedeemWithMultipliedOne" name="ShareRedeemWithMultipliedOne" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_NumberOfIncidentalRightHeld" name="NumberOfIncidentalRightHeld" type="xbrli:integerItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_InvestmentsOwnedSponsorsStakingFeeRelatedParty" name="InvestmentsOwnedSponsorsStakingFeeRelatedParty" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_SponsorFeeWaiverPercent" name="SponsorFeeWaiverPercent" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_PercentageOfSponsorFeeDecreases" name="PercentageOfSponsorFeeDecreases" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002107730_ChangeInSharesOutstandingAbstract" name="ChangeInSharesOutstandingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_NonSponsorPaidExpensesMember" name="NonSponsorPaidExpensesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002107730_AdditionalTrustExpensesPaidBySponsor" name="AdditionalTrustExpensesPaidBySponsor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002107730_RealizedInvestmentGainsLossesEtherSoldToPayExpenses" name="RealizedInvestmentGainsLossesEtherSoldToPayExpenses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002107730_InvestmentOwnedBalanceContractsSponsorsStakingFeeRelatedParty" name="InvestmentOwnedBalanceContractsSponsorsStakingFeeRelatedParty" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
</xsd:schema>
