$GSOL

Grayscale Solana Staking ETF

CIK:0001896677|SEC Filings

STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Investment income:
Staking Reward Income	$ 1,563	$ 0	$ 3,761	$ 0
Investment income	0	0	0	0
Total Investment income	1,563	0	3,761	0
Expenses:
Sponsor's Staking Fee, related party	306	0	553	0
Sponsor's Fee, related party	88	492	205	1,081
Gross expenses	394	492	758	1,081
Sponsor's Fee Waiver, related party	0	0	(59)	0
Net expenses	394	492	699	1,081
Net investment income (loss)	1,169	(492)	3,062	(1,081)
Net realized and unrealized (loss) gain from:
Net realized (loss) gain on investment in SOL sold to pay Sponsor's Fee	(55)	66	(87)	233
Net realized gain (loss) on investment in SOL sold to pay Sponsor's Staking Fee	(191)	0	(293)	0
Net realized loss on investment in SOL sold for redemption of Shares	(4,034)	(0)	(9,943)	0
Net change in unrealized appreciation/depreciation on investment in SOL	(8,480)	17,213	(58,990)	(19,602)
Net change in unrealized appreciation/depreciation on Sponsor's Staking Fee payable in SOL	(0)	(0)	(25)	0
Net change in unrealized appreciation/depreciation on Staking Reward Receivable in SOL	4	0	5	0
Net realized and unrealized (loss) gain on investment	(12,756)	17,279	(69,333)	(19,369)
Net (decrease) increase in net assets resulting from operations	$ (11,587)	$ 16,787	$ (66,271)	$ (20,450)

STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Assets:
Investment in SOL, at fair value (cost $174,732 and $174,992 as of June 30, 2026 and December 31, 2025, respectively)	$ 101,137	$ 160,385
Staking Reward receivable, at fair value	25	43
Total assets	101,162	160,428
Liabilities:
Sponsor's Staking Fee payable, related party	1	71
Sponsor's Fee payable, related party	0	0
Total liabilities	1	71
Net assets	$ 101,161	$ 160,357
Shares issued, no par value (unlimited Shares authorized)	18,274,135	17,634,135
Shares outstanding, no par value (unlimited Shares authorized)	18,274,135	17,634,135
Principal Market NAV per Share	$ 5.54	$ 9.09