Quarterly ResultAug 12, 2026, 05:03 PM
21Shares Solana ETF Q2 Net Assets Halved to $2.85M; NAV $7.12
AI Summary
21Shares Solana ETF reported a significant decrease in net assets and NAV per share for the six months ended June 30, 2026. Net assets fell to $2.85 million from $5.74 million, with NAV per share dropping from $12.47 to $7.12. This decline was primarily driven by a substantial net change in unrealized depreciation on its Solana investments. The Trust also announced a planned change in its pricing benchmark provider from CME CF Solana-Dollar Reference Rate to FTSE International Limited, effective August 2026, which is not expected to materially impact its valuation.
Key Highlights
- Net assets decreased to $2,847,364 as of June 30, 2026, from $5,735,019 on Dec 31, 2025.
- Net Asset Value (NAV) per Share declined to $7.12 from $12.47.
- Net decrease in net assets from operations was $(1,600,591) for six months ended June 30, 2026.
- Net change in unrealized depreciation on investment in solana was $(1,300,734) for the six-month period.
- Staking Rewards totaled $41,460 for the six months ended June 30, 2026.
- The Trust issued 80,000 Shares and redeemed 140,000 Shares during the six-month period.
Price Impact
More from TSOL