v3.26.1
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment income:        
Staking Reward Income $ 1,563 $ 0 $ 3,761 $ 0
Investment income 0 0 0 0
Total Investment income 1,563 0 3,761 0
Expenses:        
Sponsor's Staking Fee, related party 306 0 553 0
Sponsor's Fee, related party 88 492 205 1,081
Gross expenses 394 492 758 1,081
Sponsor's Fee Waiver, related party 0 0 (59) 0
Net expenses 394 492 699 1,081
Net investment income (loss) 1,169 (492) 3,062 (1,081)
Net realized and unrealized (loss) gain from:        
Net realized (loss) gain on investment in SOL sold to pay Sponsor's Fee (55) 66 (87) 233
Net realized gain (loss) on investment in SOL sold to pay Sponsor's Staking Fee (191) 0 (293) 0
Net realized loss on investment in SOL sold for redemption of Shares (4,034) (0) (9,943) 0
Net change in unrealized appreciation/depreciation on investment in SOL (8,480) 17,213 (58,990) (19,602)
Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in SOL (0) (0) (25) 0
Net change in unrealized appreciation/depreciation on Staking Reward Receivable in SOL 4 0 5 0
Net realized and unrealized (loss) gain on investment (12,756) 17,279 (69,333) (19,369)
Net (decrease) increase in net assets resulting from operations $ (11,587) $ 16,787 $ (66,271) $ (20,450)