| Schedule of Changes in Quantity of Solana and Fair Value |
The following represents the changes in quantity of solana and the respective fair value for the six-month period ended June 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
Quantity of solana |
|
|
Fair Value
(amounts in thousands) |
|
Beginning balance as of December 31, 2025 |
|
|
5,154,309.1029 |
|
|
$ |
638,928 |
|
Purchases |
|
|
3,037,817.6851 |
|
|
|
290,199 |
|
In-Kind Creations |
|
|
592,764.3615 |
|
|
|
56,055 |
|
Solana received from Staking Rewards1 |
|
|
202,823.8023 |
|
|
|
18,351 |
|
Solana transferred for Sponsor Fee |
|
|
(4,874.6942 |
) |
|
|
(406 |
) |
Sales for the redemption of Shares |
|
|
(612,872.1974 |
) |
|
|
(53,357 |
) |
In-Kind Redemptions |
|
|
(322,749.1785 |
) |
|
|
(23,551 |
) |
Net realized gain (loss) from investment in solana transferred to pay Sponsor Fee |
|
|
— |
|
|
|
19 |
|
Net realized gain (loss) from In-Kind Redemptions of solana |
|
|
— |
|
|
|
(1,371 |
) |
Net realized gain (loss) from solana transferred for staking activities |
|
|
— |
|
|
|
72 |
|
Net realized gain (loss) from investment in solana sold for redemptions |
|
|
— |
|
|
|
(69,620 |
) |
Net change in unrealized appreciation (depreciation) from investment in solana |
|
|
— |
|
|
|
(262,883 |
) |
Ending balance as of June 30, 2026 |
|
|
8,047,218.8817 |
|
|
$ |
592,436 |
|
1 Fair value of solana received from Staking Rewards is calculated using the 4:00 p.m. EST fair value of solana on the day the Staking Rewards are initially accrued. The following represents the changes in quantity of solana and the respective fair value for the period from October 23, 2025 (commencement of operations) through December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
Quantity of solana |
|
|
Fair Value
(amounts in thousands) |
|
Beginning balance as of October 23, 2025 (commencement of operations) |
|
0.0000 |
|
|
$ |
— |
|
Purchases |
|
|
3,275,542.4933 |
|
|
|
494,697 |
|
In-Kind Creations |
|
|
1,872,119.9701 |
|
|
|
355,475 |
|
Solana received from Staking Rewards1 |
|
|
43,507.2208 |
|
|
|
5,902 |
|
Sales for the redemption of Shares |
|
|
(36,860.5813 |
) |
|
|
(4,594 |
) |
Net realized gain (loss) from investment in solana transferred to pay Sponsor Fee |
|
|
— |
|
|
|
— |
|
Net realized gain (loss) from investment in solana sold for redemptions |
|
|
— |
|
|
|
(2,803 |
) |
Change in unrealized appreciation (depreciation) from investment in solana |
|
|
— |
|
|
|
(209,749 |
) |
Ending balance as of December 31, 2025 |
|
|
5,154,309.1029 |
|
|
$ |
638,928 |
|
1 Fair value of solana received from Staking Rewards is calculated using the 4:00 p.m. EST fair value of solana on the day the Staking Rewards are initially accrued.
|