Invesco Galaxy Solana ETF (QSOL) reported net income of $2,406,198 for the three months ended September 30, 2026, and a 60.09% total return at market value. Its share price rose from $7.39 on June 30 to $11.74 on September 30. Quarterly Solana investment results included $3,237,329 of unrealized appreciation and $861,384 of net realized losses. For the nine months ended September 30, 2026, net income was $889,613 and market-value total return was -3.81%.
At September 30, Solana investments were valued at $6,888,124, including $3,446,592 staked; net assets were $6,834,049 across 575,000 shares, with NAV of $11.89 per share. Quarterly net staking income was $33,460, and distributions were $52,791, or $0.09 per share. The Trust pays a Sponsor Fee of 0.25% per annum of daily total net assets and Staking Expenses at a rate of 3% of gross staking rewards. Creations and redemptions are processed with Authorized Participants in blocks of 5,000 shares. The Trust invests solely in Solana, concentrating its portfolio in that asset.
Invesco Galaxy Solana ETF (QSOL)’s sponsor, Invesco Capital Management LLC, appointed Ms. Lori Anello as its Principal Financial and Accounting Officer, beginning October 22, 2026. Ms. Kelli Gallegos, who held the role, began a leave of absence on October 19, 2026. Anello joined the sponsor in 2018 and has served as Global Head of Operational Product Readiness at Invesco Ltd. since June 2026; since October 2026, she has also served as Principal Financial and Accounting Officer–Investment Pools for the sponsor. The supplement states that no arrangements or understandings with another person led to Anello’s appointment and that there are no transactions or proposed transactions between her and the Trust required to be reported under Item 404(a) of Regulation S-K.
Invesco Galaxy Solana ETF (QSOL) reported a change in the Principal Financial and Accounting Officer role at its sponsor, Invesco Capital Management LLC. Kelli Gallegos, the Sponsor’s Principal Financial and Accounting Officer, began a leave of absence effective October 19, 2026. On that date, the Sponsor’s Board of Managers appointed Lori Anello to serve in the role beginning October 22, 2026.
Anello joined the Sponsor in 2018 and has served as Global Head of Operational Product Readiness at Invesco Ltd. since June 2026. She also holds Principal Financial and Accounting Officer–Investment Pools roles at the Sponsor and Invesco Specialized Products, LLC, and vice president and treasurer roles at Invesco ETF trusts. She previously held director positions in fund treasury and the North America Office of the Fund CFO. The Trust reported no arrangements or understandings with another person related to Anello’s appointment and no transactions or proposed transactions between Anello and the Trust requiring reporting under Item 404(a).
Invesco Galaxy Solana ETF (QSOL) reports net assets of $5,107,357 as of June 30, 2026, up from $2,241,465 at year-end, driven by net creations of 495,000 shares. Shares outstanding rose to 675,000, holding 67,777 SOL with a fair value of $5,108,345, including $2,758,646 staked.
For the six months, NAV per share fell from $12.45 to $7.57, a total return at NAV of -38.65%, while market-price total return was -39.92%, reflecting a -40.61% decline in the Solana benchmark. The Trust recorded a net loss of $1,516,585, mainly from $1,249,891 of unrealized losses and $321,643 of realized losses on SOL sales, partially offset by $60,480 of net staking income. The unified Sponsor Fee remains 0.25% per annum, and net investment income equated to a 2.48% annualized yield on average net assets. The Trust remains fully concentrated in SOL, so its value closely tracks Solana price movements.
Invesco Galaxy Solana ETF filed a prospectus supplement describing a change in the leadership of its Sponsor, Invesco Capital Management LLC. Jordan Krugman notified the ETF on June 4, 2026 that he would resign from all positions at the Sponsor and its affiliates, including the Board of Managers, effective as of the close of business on August 3, 2026.
On July 31, 2026, the Board appointed Matthew Casaccia
The supplement reiterates that shares of the Invesco Galaxy Solana ETF trade on Cboe BZX under the symbol QSOL, that investing in the shares involves significant risks as described in the risk factors section of the base prospectus, and that the fund is not an investment company under the Investment Company Act of 1940.
Invesco Galaxy Solana ETF reported a governance change at its sponsor, Invesco Capital Management LLC. On July 31, 2026, the sponsor’s Board of Managers appointed Matthew Casaccia to the Board of Managers, effective as of the close of business on August 3, 2026.
Casaccia, age 43, will also serve on the sponsor’s Audit Committee, replacing Jordan Krugman, who previously gave notice of his resignation effective the same date. The disclosure states there are no appointment arrangements with other persons and no related-party transactions requiring reporting. Casaccia is a long-tenured Invesco Ltd executive with extensive financial planning and analysis experience, and his application as a principal of the sponsor is being prepared for submission.
Invesco Galaxy Solana ETF disclosed that Mr. Jordan Krugman has given notice of his resignation from all positions at Invesco Capital Management LLC, the fund’s Sponsor, and its affiliates.
His departure, including his role on the Sponsor’s Board of Managers, will be effective at the close of business on August 3, 2026. The Sponsor is currently considering a replacement.
Invesco Galaxy Solana ETF reported a sharp decline in net asset value for the quarter ended March 31, 2026 as Solana (SOL) prices fell. Net assets rose to $5.6 million from $2.2 million as new creations added capital, but NAV per share dropped from $12.45 to $8.37 and market price per share moved from $12.41 to $8.30.
The Trust held 66,812 SOL worth $5.57 million, up from 18,013 SOL, reflecting significant inflows. It recorded a quarterly net loss of $0.95 million, driven mainly by $0.96 million of unrealized losses on SOL, partially offset by $19,853 of net staking income.
Total return was -32.67% on a NAV basis and -33.01% on a market basis. About $2.80 million of SOL was staked, and the Trust distributed $0.0143 per share, or $9,327 in total, from staking rewards while charging a 0.25% annual Sponsor Fee as its primary ongoing expense.
Invesco Galaxy Solana ETF is a Delaware grantor trust whose Shares trade on Cboe BZX under the symbol QSOL and had 180,000 Common Shares of Beneficial Interest outstanding as of January 31, 2026. The Trust’s goal is to reflect the spot price of Solana (SOL) using the Lukka Prime Solana Reference Rate, adjusted for staking rewards, expenses and liabilities.
The Trust holds SOL, stakes substantially all SOL through Galaxy Blockchain Infrastructure LLC to earn rewards, and keeps a liquidity sleeve in unstaked SOL. Coinbase Custody Trust Company safeguards SOL in segregated cold storage, while BNY Mellon provides administration, transfer agent and cash custody services. Invesco Capital Management LLC sponsors and manages operations for a 0.25% annual Sponsor Fee.
Extensive risk disclosures highlight SOL’s extreme historical volatility, concentration of ownership, smart-contract and cybersecurity vulnerabilities, Solana network outages, regulatory uncertainty around digital assets and stablecoins, and potential premiums/discounts of the ETF’s market price versus NAV, especially because the structure relies on cash creations and redemptions.