Why

Scalability is one of the biggest challenges with blockchain technology. As networks scale, they often are slowed down by limitations on transaction speed.

Solana is one of the fastest blockchain networks and focuses on fast and low-cost transactions. It has a unique method of ordering transactions that helps to drastically improve transaction speed.

Why Osprey Solana Trust (OSOL)

Easy Access

The Osprey Solana Trust makes it easy to invest right in your brokerage account or IRA.

First to Market

OSOL is the only tradeable ticker in the U.S. that invests solely in SOL, the native token of Solana.

No Management Fees

Management fees are waived through at least January 1, 2023.

Secure

Secure fund infrastructure with vigilant procedures around custody and cold storage.

Why Osprey Funds

Osprey Funds is your trusted guide to select crypto.

We build low-cost digital asset investment products that are simple, secure, and transparent. Our expert team carefully researches and curates the leading digital assets to help take the guesswork out of crypto investing.

Learn more about Solana and the Osprey Solana Trust in our Investor Product Series lightpaper.

We are pleased to share the first installment of the Osprey Funds Investor Product Series focused on Solana.

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Learn more about Solana in our research report The Investment Case for Layer 1s: SOL.

We are pleased to share the first installment of the Osprey Funds Investor Product Series focused on Polkadot.

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Fund Data

Market Price*
$0.50
Closing Nav**
$0.36
Nav Change
20.00%
AUM†
$1,834,722
Solana Per Share††
0.025518

* Market price as of 11/23/2022 4:00 PM EST.

** Closing NAV per share as of 11/23/2022 4:00 PM EST

† Estimated AUM at 11/23/2022 4:00 PM EST; unaudited

†† This figure represents the Solana holdings of the Trust as of 11/23/2022

Fund Details

Ticker

OSOL

Investment Objective

Track the price of SOL, the native token of the Solana Network.

Subscription Type

USD or SOL.

Sponsor

Osprey Funds

Custodian

Coinbase

Fund Administrator

Theorem Fund Services

Auditor

Cherry Bekaert

CUSIP

68840V102

ISIN

US68840V1026

Shares Outstanding

5,059,714

Management Fee

0% until 2023, then 2.5% unless waived by Sponsor.

Investor Qualifications

Shares of the Fund are accessible to accredited investors in private placements and all investors in the secondary market.

Secondary Trading

The Fund trades under ticker OSOL. Publicly traded shares may trade at a discount or premium to the Fund’s NAV.

Private Placement

See below.

Redemptions

Not currently offered. See Secondary Trading above for more on liquidity.

Taxation

No K-1. Structured as a Delaware Grantor Trust for tax purposes.

IRA Eligible

Yes, from select providers.

Osprey Solana Trust Private Placement

Accredited investors who are also qualified clients may participate in the Osprey Solana Trust Private Placement at net asset value. To qualify as accredited, an individual must earn more than $200K/year (or $300K/year with spouse) or have a net worth over $1M or is an investment professional (e.g., a licensed associated person of a broker-dealer or investment adviser). Entities must have $5M in liquid assets or all beneficial owners must be accredited investors.