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 first tradeable ticker in the U.S. that invests solely in SOL, the native token of Solana.
Transparent
The fund is audited annually and provides quarterly financial statements.
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.
Fund Data
* Market price as of 04/26/2024 4:00 PM EST.
** Closing NAV per share as of 04/26/2024 4:00 PM EST
† Estimated AUM at 04/26/2024 4:00 PM EST; unaudited
†† This figure represents the Solana holdings of the Trust as of 04/26/2024
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
68840V201
ISIN
US68840V1026
Shares Outstanding
404,095
Management Fee
2.5%
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.