v3.26.1
Fair Value of Solana - Schedule of Changes in Quantity of Solana and Fair Value (Details)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
Solana
Jun. 30, 2026
USD ($)
Solana
Dec. 31, 2025
USD ($)
Solana
Fair Value Disclosures [Abstract]      
Beginning balance | Solana   5,154,309.1029 0
Purchases | Solana   3,037,817.6851 3,275,542.4933
In-Kind Creations | Solana   592,764.3615 1,872,119.9701
Solana received from staking rewards | Solana   202,823.8023 [1] 43,507.2208 [2]
Solana transferred for Sponsor Fee | Solana   (4,874.6942)  
Sales for the redemption of Shares | Solana   (612,872.1974) (36,860.5813)
In-Kind Redemptions | Solana   (322,749.1785)  
Ending balance | Solana 8,047,218.8817 8,047,218.8817 5,154,309.1029
Beginning balance   $ 638,928 [3] $ 0
Purchases   290,199 494,697
In-Kind Creations   56,055 355,475
Solana received from staking rewards   18,351 [1] 5,902 [2]
Solana transferred for Sponsor Fee   (406)  
Sales for the redemption of Shares   (53,357) (4,594)
In-Kind Redemptions   (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 $ (27,577) [4] (69,620) [4] (2,803)
Net change in unrealized appreciation (depreciation) from investment in solana (57,281) [4] (262,883) [4] (209,749)
Ending balance [3] $ 592,436 $ 592,436 $ 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.
[2] 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.
[3] Amount includes $595,543 and $638,813 of staked solana as of June 30, 2026 and December 31, 2025, respectively.
[4] No comparative period information yet available as the Trust commenced operations on October 23, 2025.