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Grayscale® Solana Trust

Grayscale® Solana Trust

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The private placement is currently unavailable
Publicly quoted shares of can be bought and sold through your brokerage account.
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$ 0 m
Assets Under Management

-%

Trailing 12 Months

0 %
Since Inception

Overview

One of the first securities solely invested in and deriving value from the price of SOL.

Grayscale Solana Trust is solely and passively invested in SOL, enabling investors to gain exposure to SOL in the form of a security while avoiding the challenges of buying, storing, and safekeeping SOL directly.

One of the first securities solely invested in and deriving value from the price of SOL.

Grayscale Solana Trust is solely and passively invested in SOL, enabling investors to gain exposure to SOL in the form of a security while avoiding the challenges of buying, storing, and safekeeping SOL directly.

Benchmark Index Benchmark Composition

CoinDesk Solana Price Index (SLX)

CUSIP

38965D104

ISIN

US38965D1046

Bloomberg

SOLFUND

OTC

--

Inception Date

11/18/2021

Annual Fee

2.5%

AUM

$7,374,246**‡

Shares Outstanding

5,965,400‡

SOL per Share

0.00995626‡

Features

1 of

Titled, auditable ownership through a traditional investment vehicle

Grayscale Solana Trust is a traditional investment vehicle with shares titled in the investor's name, providing a familiar structure for financial and tax advisors, and easy transferability to beneficiaries under estate laws.

Eligible for tax-advantaged accounts

Shares of Grayscale Solana Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Supported by a network of trusted service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Grayscale Solana Trust. Financial statements for Grayscale Solana Trust are audited annually by Friedman LLP.

Robust security and storage

Grayscale Solana Trust’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended.

Performance

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One of the first securities solely invested in and deriving value from the price of SOL.

Grayscale Solana Trust provides a secure structure to gain exposure to SOL.

One of the first securities solely invested in and deriving value from the price of SOL.

Grayscale Solana Trust provides a secure structure to gain exposure to SOL.

Holdings / Share **

At close as of 01/21/2022

$1.24
$ 0

Day Change

-0.1014

Holdings / Share **

Returns (At close as of 01/21/2022)

1 Day

1 Month

3 Months

YTD

12 Months

Since Inception

-0.1014
-0.2994
--
-0.2791
--
-0.3922

Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.
*There can be no assurance that the value of the Shares of the Trust will reflect the value of digital assets held by the Trust, less the Trust’s expenses and other liabilities, and the Shares, if traded on any Secondary Market, may trade at a substantial premium over, or substantial discount to, such value and the Trust may be unable to meet its investment objective.
** SOL Holdings per Share is calculated daily at 4pm ET, based on the CoinDesk Solana Price Index (SLX). For more information about how SOL Holdings is calculated, please refer to the private placement memorandum.
‡ Since inception 11/18/2021.

Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.
*There can be no assurance that the value of the Shares of the Trust will reflect the value of digital assets held by the Trust, less the Trust’s expenses and other liabilities, and the Shares, if traded on any Secondary Market, may trade at a substantial premium over, or substantial discount to, such value and the Trust may be unable to meet its investment objective.
** SOL Holdings per Share is calculated daily at 4pm ET, based on the CoinDesk Solana Price Index (SLX). For more information about how SOL Holdings is calculated, please refer to the private placement memorandum.
‡ Since inception 11/18/2021.

Investment Terms

Investment Objective

Shares (based on Solana per Share as indicated below) track the Solana market price, less fees and expenses.† Please consult with your financial professional.

Benchmark Index Benchmark Composition

CoinDesk Solana Price Index (SLX)

Investor Qualifications

Accredited Investors

Minimum Investment Requirement

$25,000

Sponsor's Fee Manager's Fee

2.5% Annually

Extraordinary Expenses

The Trust may from time to time incur certain extraordinary expenses, which are payable by the Trust

Performance Fee

0

Assets Under Management

$7,374,246**‡

Subscriptions

Daily

SOL Holdings per Share ($)

Calculated and published on business days at 4:00pm ET time

Secondary Market Trading

Following a one-year holding period, shares are eligible to become unrestricted and resold in the secondary market, if any develops

Redemptions

Redemptions of shares are not currently authorized

IRA Eligibility & Other Self-Directed Accounts

Subscriptions can be made with IRA assets through Pacific Premier Trust, Millennium Trust, The Entrust Group, Alto IRA, and others

Per-share SOL Holdings

38965D104

CUSIP

38965D104

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