Here are the 424B prospectus supplements from Morgan Stanley Solana Trust (MSOL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow MSOL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSOL filings page.
Morgan Stanley Solana Trust (MSOL) is a grantor‑trust ETF that continuously offers common shares of beneficial interest, expected to trade on NYSE Arca under “MSOL.” The Trust seeks to track the price of SOL using the CoinDesk Solana Benchmark 4PM NY Settlement Rate, adjusted for expenses and liabilities, and to reflect rewards from staking a portion of its SOL.
The Trust holds SOL directly, custodied by The Bank of New York Mellon and Coinbase Custody Trust Company, LLC, without leverage or derivatives. Creation and redemption occur only in 10,000‑share Baskets via Authorized Participants, in cash or in‑kind, using SOL counterparties for conversions.
The Delegated Sponsor, Morgan Stanley Investment Management Inc., charges a 0.14% annual unitary fee and intends to stake up to 100% of the Trust’s SOL through third‑party validators, with custodians and staking providers retaining 5% of staking rewards. Net rewards accrete to NAV and are intended to be distributed in cash monthly (at least quarterly) by selling SOL. The Trust is not registered under the 1940 Act, the Delegated Sponsor is not an Advisers Act investment adviser, and the Shares are described as speculative, high‑risk securities. An initial seed creation of 50,000 Shares is expected to provide about $1 million in proceeds to purchase SOL.