Osprey Solana Trust

S-1 filed

Osprey Solana Trust (the 'Trust') is a Delaware statutory trust that issues common units representing fractional undivided beneficial interest in Solana (SOL), less operational expenses and liabilities. The Trust aims to track the CME CF Solana-Dollar Reference Rate via its net asset value (NAV). It is managed by Osprey Funds, LLC (Sponsor), with CSC Delaware Trust Company as trustee, U.S. Bank as transfer agent/administrator, and Coinbase Custody as SOL custodian. The Trust plans to list Shares on Cboe BZX Exchange under 'OSOL' after registration, offering continuous creation/redemption of Baskets (10,000 Shares) in exchange for SOL or cash. The Trust is an emerging growth company with reduced reporting requirements.