Every 10-Q that Franklin Solana ETF (SOEZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SOEZ 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 SOEZ filings page.
Franklin Solana ETF, a series of Franklin Solana Trust, holds Solana tokens and seeks to track Solana’s price plus staking rewards. As of June 30, 2026, it held 113,067.0655 Solana with a fair value of $8,521,865, supporting net assets of $8,513,040 and a net asset value of $13.10 per share on 650,000 shares outstanding, down from $14.41 at March 31, 2026.
Over the three months ended June 30, 2026, the ETF generated $128,150 of income from staking rewards and recorded net investment income of $119,728. Market movements in Solana led to a net unrealized depreciation of $879,285 and total realized and unrealized losses of $905,653, producing a net decrease in net assets from operations of $785,925 (or $(1.21) per share). The fund distributed $66,090 of staking income in cash, based on a lagged calculation.
Staking is central to the strategy: as of June 30, 2026, about 99.88% of Solana (112,936.7774 tokens) was staked with third-party counterparties, while the fund remains a passive, unleveraged grantor trust. Ordinary expenses consist mainly of a 0.19% annual Sponsor’s fee (partially waived, with $3,069 waived this quarter) and an aggregate staking fee of 8.0% of gross staking rewards, resulting in an annualized net expense ratio of 0.37% and a net investment income ratio of 5.29%.
Franklin Solana ETF, a grantor trust that holds only Solana tokens, reported its first operating period from December 3 to December 31, 2025. Net assets were $3,192,762 backed by 25,597.3886 Solana, with 150,000 shares outstanding and a NAV of $21.29 per share.
The fund earned $11,260 in net staking income but recorded an unrealized depreciation of $388,949 on its Solana holdings, resulting in a net decrease in net assets from operations of $377,689 and a total return of -13.14% for the period. The standard 0.19% sponsor fee was fully waived, leaving net expenses at 0.00%. Initial capital came primarily from an affiliate that provided 17,000 Solana through seed creation units, followed by an additional share creation totaling $1,119,391.
Franklin Solana ETF, a series of Franklin Solana Trust, filed its first quarterly report covering the short period from September 22 to September 30, 2025. During this setup phase, the Fund received $100,000 in cash from the sale of 4,000 Initial Seed Shares at $25.00 per share, had net assets of $100,000, and held no Solana yet, so net asset value per share remained $25.00.
The Fund is designed to hold Solana and cash and to track the price of Solana plus any staking rewards, before fees and expenses, while being treated as a grantor trust for U.S. tax purposes. A subsequent event notes that on November 26, 2025 the Seed Capital Investor bought two creation units totaling 100,000 Shares, providing proceeds used to purchase 17,000 Solana at $136.65493 each. The report emphasizes that the Fund’s only ordinary recurring cost is an annual Sponsor’s fee, that the Sponsor covers most routine operating expenses and initial offering costs, and that shareholders face concentrated exposure to Solana’s price volatility and additional risks from staking, including potential slashing and liquidity constraints.