September
2, 2026
BY
EDGAR TRANSMISSION
Division
of Corporation Finance
Securities
and Exchange Commission
100
F Street, N.E.
Washington,
D.C. 20549
| Re: |
Form RW – Request for
Withdrawal |
| |
Osprey Solana Trust |
| |
(Registration Statement File
No. 333-291023) |
Ladies
and Gentlemen:
Pursuant
to Rule 477 under the Securities Act of 1933, as amended (the “Securities Act”), Osprey Solana Trust (the “Trust”),
respectfully requests that, effective as of the date first set forth above or at the earliest practicable date hereafter, the Securities
and Exchange Commission (the “Commission”) consent to the withdrawal of the Trust’s Registration Statement on
Form S-1 (File No. 333-291023) initially filed with the Commission on October 22, 2025, together with all exhibits thereto (the “Registration
Statement”). The grounds upon which the Sponsor is making this application for withdrawal are that the Sponsor does not intend
to proceed with the planned distribution of the Trust’s shares registered by the Registration Statement.
The
Sponsor confirms that the Registration Statement has not been declared effective, no securities have been or will be issued or sold pursuant
to the Registration Statement or the prospectus contained therein and no preliminary prospectus contained in the Registration Statement
has been distributed.
Thank
you for your assistance with this application for withdrawal. If you have any questions or require any further information, please do
not hesitate to contact Erin E. Martin of Morgan, Lewis & Bockius LLP at (202) 739-5729 or by email at erin.martin@morganlewis.com.
| |
Respectfully, |
| |
|
| |
/s/
Gregory D. King |
| |
Gregory D. King |
| |
President and Chief Executive
Officer* |
*
The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Osprey
Funds, LLC, the Sponsor of the Registrant.
cc:
Erin E. Martin
Morgan,
Lewis & Bockius LLP
