Welcome to our dedicated page for 21Shares Solana ETF SEC filings (Ticker: TSOL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
21Shares Solana ETF filings document the Trust's exchange-traded share structure and material agreements supporting creation and redemption activity. The 8-K record identifies TSOL common shares of beneficial interest on the Cboe BZX Exchange and discloses authorized participant procedures for Baskets, delivery of solana, in-kind creation and redemption orders, the role of 21Shares US LLC as Sponsor, and emerging growth company status.
21Shares Solana ETF (TSOL) filed a Form 10-K (attached to Prospectus Supplement No. 4) on March 30, 2026 and discloses the Trust’s business, risks, and operations. The Trust holds SOL to track the CME CF Solana‑Dollar Reference Rate, uses creation/redemption Baskets of 10,000 shares, and had 360,000 outstanding shares as of March 24, 2026. Key economics: a 0.21% annual Sponsor Fee (accrued daily, payable in SOL), staking targeting generally 70%–90% of holdings, and the Sponsor receives 10% of staking rewards (after staking provider fees). The Trust is an emerging growth company and intends to rely on the grantor trust tax treatment subject to IRS interpretation.
21Shares Solana ETF files its annual report describing how the TSOL exchange-traded fund is structured and operated. The Trust is a Delaware statutory grantor trust that holds SOL tokens to passively track the CME CF Solana-Dollar Reference Rate, adjusted for expenses.
The fund issues and redeems shares in 10,000‑share baskets and had 360,000 shares outstanding as of March 24, 2026. It charges a 0.21% unitary sponsor fee, paid in SOL, and can stake generally 70–90% of its SOL through multiple staking providers, sharing most rewards with shareholders.
The report details roles and indemnities for the sponsor, trustee, custodians, prime broker and other agents, explains fair value calculations under ASC 820, and provides extensive risk factors tied to Solana’s technology, market volatility, regulatory and tax treatment, and operational dependencies.
21Shares Solana ETF added staking arrangements with two providers by entering into agreements dated February 4, 2026.
The trust executed a Figment Staking Services Agreement and a Twinstake Non‑Custodial Staking Services Agreement to enable delegation of SOL for staking. Both agreements are non‑custodial, permit the Trust to stake and unstake subject to Solana bonding/unbonding periods, and provide that each services provider is paid a portion of staking rewards (generally expected to be a low single‑digit percentage).
21Shares Solana ETF filed a prospectus supplement that adds details from a recent current report. The Trust has entered into a new authorized participant agreement with Macquarie Capital (USA) Inc., which sets procedures for creating and redeeming baskets of 10,000 shares, including the delivery of solana. Unlike existing arrangements, this agreement permits in-kind creation and redemption orders and includes transaction fees payable to the Sponsor, 21Shares US LLC, for each order unless waived.
Beginning in 2026, the Trust intends to pay at least quarterly cash distributions to shareholders to pass through staking rewards earned on its solana holdings. Distribution amounts will depend on actual staking rewards and may vary significantly, with the possibility that no distribution is paid in a given quarter if rewards are too low. The Trust plans to announce the timing of any distributions via press release.
21Shares Solana ETF filed a prospectus supplement that adds its first Form 10-Q, covering the short period from its initial seed creation on September 17, 2025 through September 30, 2025, to its existing prospectus. The Trust reported net assets of $100 backed by 0.5000 SOL valued at $104 and cash and payables that offset to leave no net income for the period. The Sponsor seeded the vehicle with 2 Shares at $50.00 per Share, then later added a 20,000-Share Seed Creation Basket before trading began. The ETF tracks SOL via a benchmark rate, charges a 0.21% annual sponsor fee, plans to stake a substantial portion of its SOL holdings, and had 5,970,000 Shares outstanding as of December 1, 2025.
21Shares Solana ETF reported that it has entered into a new authorized participant agreement with Macquarie Capital (USA) Inc.. Under this agreement, Macquarie can create and redeem blocks of 10,000 shares, called “Baskets,” and the process can involve in-kind delivery of solana rather than only cash. The agreement also permits the Sponsor, 21Shares US LLC, to charge a transaction fee on each creation or redemption order and includes indemnification of Macquarie and certain affiliates by the Trust in specified circumstances.
The Trust also stated that, beginning in 2026, it intends to pay cash distributions at least quarterly to shareholders to distribute staking rewards earned by the Trust. Any distribution will depend on the staking rewards actually earned, which in turn will vary with factors such as the amount of solana held and staked, network participation, reward rates on the Solana network, and overall network conditions. The Trust emphasized that there is no assurance any particular amount will be distributed in a given quarter, and some quarters may see no distributions; timing of any distributions will be announced via press release.