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Red Flags Detected

  • Net Decrease In Net Assets Resulting From Operations $ (1,600,591 ) (new) — The Trust reported a significant net loss of $1.6 million for the six-month period, primarily due to unrealized depreciation on solana.
  • As of June 30, 2026 and December 31, 2025, the Trust Had Staked 90.80% and 95.55%, Respectively, of Its Solana Holdings. (new) — The Trust stakes a very high percentage of its solana holdings, which could limit its ability to meet redemptions during unbonding periods.
CBOE: TSOL 21Shares Solana ETF 424B3

21Shares Solana ETF (TSOL) files 424B3; reports $1.6M net loss for six months ended June 30, 2026

Filed August 13, 2026 · ~1 min read

Key Changes

  • high

    The Trust reported a GAAP net loss of $1.6 million for the six months ended June 30, 2026, driven by unrealized depreciation on its solana holdings.

    Risk Factors verify on EDGAR →
  • high

    Net asset value fell 50.35% to $2.85 million, as solana's price dropped 40.62% from $123.97 to $73.61 during the period.

    Management’s Discussion and Analysis verify on EDGAR →
  • medium

    The Trust staked 90.80% of its solana holdings as of June 30, 2026, which may limit its ability to meet redemptions during unbonding periods.

    Risk Factors verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify