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0002103547
IPO filing research
Morgan Stanley Solana Trust
Commodity Contracts Brokers & Dealers
ipo
priced
NYSE Arca
CERT
Morgan Stanley Solana Trust IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: CERT on 2026-07-24. Current deal snapshot: exchange NYSE Arca.
Filing Timeline
SEC EDGAR
CERT
inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows S-1/A in the pre-IPO sequence.
2026-07-24 · 0001143362-26-000266
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
2026-07-23 · 9999999995-26-002409
424B3
priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows S-1 and confirms the priced prospectus.
Price $20.00 · Gross proceeds $1,000,000
common shares of beneficial interest · Exchange NYSE Arca · Use of proceeds To purchase SOL for the Trust's portfolio · Flags cayman_holding_company · Underwriters Morgan Stanley Investment Management Inc.
2026-07-23 · 0001104659-26-086351
8-A12B
effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
First tracked pre-IPO filing for this issuer.
2026-07-22 · 0001104659-26-085728
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Shares · Exchange NYSE Arca, Inc. · Use of proceeds To track the performance of SOL and generate staking rewards · Flags cayman_holding_company
The Morgan Stanley Solana Trust's S-1/A filing outlines its structure as a trust that stakes SOL on the Solana network, with liquidity management challenges due to staking mechanics. Key elements include staking rewards, redemption processes involving SOL Custodians and SOL Counterparties, and reliance on the CoinDesk Solana Benchmark for pricing. The Trust faces risks related to illiquidity of staked SOL, potential SEC classification of SOL as a security, and operational dependencies on third-party service providers.
2026-07-14 · 0001104659-26-083475
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Common Shares of Beneficial Interest · Exchange NYSE Arca · Use of proceeds To track the performance of SOL and generate staking rewards · Flags cayman_holding_company
The Morgan Stanley Solana Trust's S-1/A filing outlines its structure for staking SOL tokens, sharing staking rewards with service providers, and distributing net rewards to shareholders monthly. The Trust emphasizes liquidity management risks tied to staking unbonding periods, redemption delays, and potential illiquidity of staked assets. It details share creation/redemption processes involving Authorized Participants, SOL Custodians, and third-party counterparties, with rewards dependent on network conditions and validator performance.
2026-06-18 · 0001104659-26-075843
S-1/A
amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
exchange-traded fund tracking Solana (SOL) price and staking rewards · Exchange NYSE Arca · Use of proceeds to track Solana (SOL) price and staking rewards · Flags cayman_holding_company
The Morgan Stanley Solana Trust's S-1/A filing outlines its structure as an exchange-traded fund tracking SOL token performance via a pricing benchmark, with detailed disclosures on staking operations, liquidity risks, and redemption processes. Key updates include expanded risk disclosures around staked SOL illiquidity, unbonding period delays, and potential SEC classification of SOL as a security. The filing also specifies Authorized Participants and SOL Counterparties involved in creation/redemption mechanisms.
2026-05-20 · 0001104659-26-064065
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Common Shares of Beneficial Interest · Exchange [●] · Use of proceeds To track the performance of SOL tokens
Morgan Stanley Solana Trust is an exchange-traded fund (ETF) that issues common shares to track the price of SOL tokens, the native digital asset of the Solana blockchain. The Trust operates as a passive investment vehicle, holding SOL and valuing shares daily based on a pricing benchmark. It engages third-party staking services to earn rewards from staking SOL, with no use of leverage or derivatives. The Sponsor, Morgan Stanley Investment Management Inc., oversees the Trust, which is governed by trustees and custodians for SOL holdings. The ETF is not regulated as an investment company under the 1940 Act and lacks certain regulatory protections.
2026-01-06 · 0001104659-26-000988
Comparable Deals
1 comparable deal
FinancialsMicro (<$50M)Last 18 months
Only 0 strict matches; expanded to 1 using nearest neighbors.
Recent News
No recent news stored for this issuer.