$BSOL
Bitwise Solana Staking ETF
CIK:0002045872|SEC Filings
Statement of Cash Flows - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
Dec. 31, 2025 |
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| Cash flow from operating activities | |||||||||
| Net increase (decrease) in net assets resulting from operations | [1] | $ (316,039) | |||||||
| Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities: | |||||||||
| Purchases of solana | [1] | (290,285) | |||||||
| Solana received for Staking Rewards | [1] | (18,179) | |||||||
| Proceeds from solana sold | [1] | 50,860 | |||||||
| Transfer of solana to pay for Sponsor Fee | [1] | 406 | |||||||
| Net realized (gain) loss from investment in solana transferred to pay Sponsor Fee | [2] | $ (15) | (19) | ||||||
| Net realized (gain) loss from solana transferred for staking activities | [2] | (40) | (72) | ||||||
| Net realized (gain) loss from In-Kind Redemptions of solana | [2] | 1,570 | 1,371 | ||||||
| Net realized (gain) loss from investment in solana sold for redemptions | [1] | 69,620 | |||||||
| Net change in unrealized (appreciation) depreciation from investment in solana | 57,281 | [2] | 262,883 | [2] | $ 209,749 | ||||
| Change in operating assets and liabilities: | |||||||||
| (Increase) Decrease in receivable for Staking Rewards | [1] | 21 | |||||||
| Increase (Decrease) in Sponsor Fee payable | [1] | 86 | |||||||
| Increase (Decrease) in Staking Fee payable | [1] | 5 | |||||||
| Net cash provided by (used in) operating activities | [1] | (239,342) | |||||||
| Cash flow from financing activities | |||||||||
| Creations for Shares issued | [1] | 300,805 | |||||||
| Redemptions for Shares redeemed | [1] | (61,463) | |||||||
| Net cash provided by (used in) financing activities | [1] | 239,342 | |||||||
| Net increase (decrease) in cash | [1] | 0 | |||||||
| Cash, beginning of period | [1] | 0 | |||||||
| Cash, end of period | [1] | $ 0 | 0 | $ 0 | |||||
| Supplemental disclosure of noncash financing activities | |||||||||
| In-Kind Creations of solana | [1] | 56,055 | |||||||
| In-Kind Redemptions of solana | [1] | $ (23,551) | |||||||
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Statements of Assets and Liabilities - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
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|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Investment in solana, at fair value (cost $1,065,064 and $848,673 as of June 30, 2026 and December 31, 2025, respectively) | [1] | $ 592,436 | $ 638,928 | |||||
| Receivable for staked rewards | 86 | 107 | ||||||
| Receivable for solana sold | 2,497 | 0 | ||||||
| Receivable for creations | 1,498 | 0 | ||||||
| Receivable for In-Kind Creations | 0 | 2,291 | ||||||
| Total assets | 596,517 | 641,326 | ||||||
| Liabilities | ||||||||
| Payable for solana purchased | 86 | 0 | ||||||
| Staking Fee Payable | 5 | |||||||
| Sponsor Fee payable | 86 | 0 | ||||||
| Payable for Redemptions | 3,996 | 0 | ||||||
| Total liabilities | 4,173 | 0 | ||||||
| Net Assets | [2] | $ 592,344 | $ 641,326 | |||||
| Shares issued | 59,200,000 | 39,180,000 | ||||||
| Shares outstanding | 59,200,000 | 39,180,000 | ||||||
| Principal Market NAV per share | [3] | $ 10.01 | $ 16.37 | |||||
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