| The following table presents information about the Trust’s assets measured at fair value: |
The following table presents information
about the Trust’s assets measured at fair value:
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| June 30, 2026 (Unaudited) | |
| | | |
| | | |
| | | |
| | |
| Assets | |
| | | |
| | | |
| | | |
| | |
| Investment in SOL | |
$ | 1,470,635 | | |
$ | — | | |
$ | — | | |
$ | 1,470,635 | |
| | |
| | | |
| | | |
| | | |
| | |
| December 31, 2025 | |
| | | |
| | | |
| | | |
| | |
| Assets | |
| | | |
| | | |
| | | |
| | |
| Investment in Solana | |
$ | 1,926,808 | | |
$ | — | | |
$ | — | | |
$ | 1,926,808 | |
|
| The following tables summarize activity in SOL for the six months ended June 30, 2026 and for the period from November 17, 2025 (initial share purchase date) through December 31, 2025: |
The following tables summarize
activity in SOL for the six months ended June 30, 2026 and for the period from November 17, 2025 (initial share purchase date) through
December 31, 2025:
| | |
SOL | | |
Fair Value | |
| Beginning balance as of January 1, 2026 | |
| 15,506 | | |
$ | 1,926,808 | |
| SOL purchased | |
| 7,915 | | |
| 732,259 | |
SOL earned from staking
| |
| 430 | | |
| 39,621 | |
| SOL sold for the redemption of Shares | |
| (3,875 | ) | |
| (509,584 | ) |
| SOL contributed in-kind for the creation of Shares | |
| — | | |
| — | |
| SOL distributed in-kind for the redemption of Shares | |
| — | | |
| — | |
| SOL transferred to pay the Sponsor fee | |
| | |
| |
| Net change in unrealized appreciation (depreciation) in SOL | |
| — | | |
| (684,292 | ) |
| Net realized gain (loss) on investment in SOL transferred to pay Sponsor fee | |
| — | | |
| |
| Net realized gain (loss) on investment in SOL sold for redemptions | |
| — | | |
| (34,177 | ) |
| Ending balance as of June 30, 2026 (Unaudited) | |
| 19,976 | | |
$ | 1,470,635 | |
| | |
SOL | | |
Fair Value | |
| Beginning balance as of November 17, 2025 | |
| — | | |
$ | — | |
| SOL purchased | |
| 15,420 | | |
| 2,085,701 | |
SOL earned from staking
| |
| 86 | | |
| 10,331 | |
| SOL sold for the redemption of Shares | |
| — | | |
| — | |
| SOL contributed in-kind for the creation of Shares | |
| — | | |
| — | |
| SOL distributed in-kind for the redemption of Shares | |
| — | | |
| — | |
| SOL transferred to pay the Sponsor fee | |
| | |
| |
| Net change in unrealized appreciation (depreciation) in SOL | |
| — | | |
| (169,224 | ) |
| Net realized gain (loss) on investment in SOL transferred to pay Sponsor fee | |
| — | | |
| |
| Ending balance as of December 31, 2025 | |
| 15,506 | | |
$ | 1,926,808 | |
|